TEMPLE ACADEMY (EIN 863042188) - 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

KEVIN WOOD

Phone

2078735325

Tax Period

2023-09-01 to 2024-08-31

TEMPLE ACADEMY, founded in 2021, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year.

Mission

TEMPLE ACADEMY EXISTS TO KNOW THE LORD JESUS CHRIST AND TO MAKE HIM KNOWN THROUGH ACCREDITED ACADEMIC EXCELLENCE AND PROGRAMS PRESENTED THROUGH OUR THOROUGHLY CHRISTIAN BIBLICAL WORLD VIEW.

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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 (2023)

Revenue Breakdown

Contributions & Grants $172,355

Program Service Revenue $1,098,603

Investment Income $46

Other Revenue $145,330

TOTAL REVENUE $1,416,334

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,112,848

Fundraising Expenses $29,408

Program Expenses $1,118,146

Other Expenses $400,767

TOTAL EXPENSES $1,513,615

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,416,334	$1,670,966	-0.2%
Expenses	$1,513,615	$1,592,398	0.0%
Net Income	$-97,281	$78,568	-2.2%

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

$105,443

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN WOOD	SUPERINTENDE	40.00	Officer	$105,443	$0	$105,443
DUANE ELLIS	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
NICK ISGRO	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOHN WAGNER	SECRETARY	1.00	Officer Director	$0	$0	$0
RICH SZABO	DIRECTOR	1.00	Director	$0	$0	$0
CHUCK HOUSE	DIRECTOR	1.00	Director	$0	$0	$0
CARLENE MILEWSKI	TREASURER	1.00	Officer Director	$0	$0	$0
THERESA THOMPSON	DIRECTOR	1.00	Director	$0	$0	$0
ED PIERSON	DIRECTOR	1.00	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
2024	$1,416,334	$1,513,615	$202,793	$-97,281
2023	$1,670,966	$1,592,398	$651,856	$78,568
2021	$175,097	$386,134	$203,322	$-211,037

TEMPLE ACADEMY