IDEAL LEARNING ACADEMIES OF LOUISVILLE INC (EIN 862253021) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

MIA D COOPER

Phone

5026185671

Tax Period

2024-07-01 to 2025-06-30

IDEAL LEARNING ACADEMIES OF LOUISVILLE INC, founded in 2021, is a small nonprofit in the Human Services sector that reported $593K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $681K exceeded revenue, resulting in a 15% operating deficit.

Mission

IDEAL LEARNING ACADEMIES OF LOUISVILLE'S PURPOSE IS TO PROVIDE SAFE AND LOVING CHILD CARE TO FAMILIES IN NEED BY CREATING SAFE AND DEVELOPMENTALLY APPROPRIATE SETTINGS FOR CHILDREN.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,732

Program Service Revenue $584,709

Investment Income $0

Other Revenue $0

TOTAL REVENUE $593,441

Expense Breakdown

Grants Paid $0

Salaries & Benefits $539,694

Fundraising Expenses $0

Program Expenses $584,333

Other Expenses $141,246

TOTAL EXPENSES $680,940

Year-over-Year Comparison

	2024	2023	Change
Revenue	$593,441	$695,923	-0.1%
Expenses	$680,940	$644,614	+0.1%
Net Income	$-87,499	$51,309	-2.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$77,204

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDDA REEVES MARTINEZ	EXECUTIVE DI	40.00	Officer	$60,020	$5,831	$65,851
TAMMY DUVALL	EXECUTIVE DI	40.00	Officer	$9,808	$1,545	$11,353
BRANDI CALHOUN-THOMAS	DIRECTOR	1.00	Director	$0	$0	$0
MIA D COOPER	SECRETARY	1.00	Officer Director	$0	$0	$0
ANNE LOWREY COX	TREASURER	1.00	Officer Director	$0	$0	$0
STEPHANIE GOEBEL	DIRECTOR	1.00	Director	$0	$0	$0
JACKIE MCNATT	DIRECTOR	1.00	Director	$0	$0	$0
JILL M YOUNG	PRESIDENT	1.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$593,441	$680,940	$48,611	$-87,499
2024	$695,923	$644,614	$93,570	$51,309
2023	$686,512	$686,672	$43,970	$-160
2022	$338,366	$377,776	$53,948	$-39,410

IDEAL LEARNING ACADEMIES OF LOUISVILLE INC