Innova Girls Academy Charter School (EIN 862688614) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

Lindsay Swanson

Phone

5854100147

Tax Period

2023-07-01 to 2024-06-30

Innova Girls Academy Charter School, founded in 2021, is a community nonprofit in the Education sector that reported $2.3M in total revenue in fiscal year 2023. Revenue surged 379% from the prior year, signaling strong growth momentum. The organization ran a surplus of $495K, a strong 21% operating margin.

Mission

Innova Girls Academy is a tuition-free charter school in Rochester, NY.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $724,744

Program Service Revenue $1,578,858

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,303,602

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,314,717

Fundraising Expenses $0

Program Expenses $1,307,637

Other Expenses $493,971

TOTAL EXPENSES $1,808,688

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,303,602	$481,019	+3.8%
Expenses	$1,808,688	$280,210	+5.5%
Net Income	$494,914	$200,809	+1.5%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$202,469

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Melanie Bloodworth	Academic Committee Member	2.00	Director	$0	$0	$0
George Daddis PhD	Finance Committee Member	2.00	Director	$0	$0	$0
Cassie Fields CPA	Treasurer	2.00	Officer Director	$0	$0	$0
CaTyra Polland	Board Chair	2.00	Officer Director	$0	$0	$0
Abby Reinhard	Governance Committee Member	2.00	Director	$0	$0	$0
Laura Smith	Governance Committee Chair	2.00	Director	$0	$0	$0
Veronica Vargas	Secretary	2.00	Officer Director	$0	$0	$0
Lindsay Swanson	Head of School Operations	40.00	Officer	$95,000	$3,344	$98,344
Brittany Rumph	Head of School Academics	40.00	Officer	$95,000	$9,125	$104,125

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	No data	No data	No data	No data
2024	$2,303,602	$1,808,688	$1,480,936	$494,914
2023	$481,019	$280,210	$403,124	$200,809

Innova Girls Academy Charter School