10 ACADEMY CORP (EIN 863368596) - 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

Arun Sharma

Phone

3107529470

Tax Period

2024-01-01 to 2024-12-31

10 ACADEMY CORP, founded in 2021, is a micro nonprofit in the Education sector that reported $96K in total revenue in fiscal year 2024. Revenue fell 83% from the prior year — a significant decline worth monitoring. Expenses of $253K exceeded revenue, resulting in a 165% operating deficit.

Mission

Building Africa's workforce in Artificial Intelligence, Generative AI, Web3/Blockchain, Internet of Things and Quantum computing by identifying, training and launching the careers of brilliant young people in Africa.

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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 $71,086

Program Service Revenue $24,499

Investment Income $2

Other Revenue $0

TOTAL REVENUE $95,587

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $225,130

Other Expenses $248,130

TOTAL EXPENSES $253,130

Year-over-Year Comparison

	2024	2023	Change
Revenue	$95,587	$557,743	-0.8%
Expenses	$253,130	$132,965	+0.9%
Net Income	$-157,543	$424,778	-1.4%

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

N/A

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

$84,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Arun Sharma	Managing Director	20	Officer	$42,000	$0	$42,000
Yabebal Fantaye	Scientific Director	20	Officer	$42,000	$0	$42,000
Samuel Fantaye	President	0		$0	$0	$0
Dorothy Nyambi	Director	0		$0	$0	$0
Jacques Kotze	Director	0		$0	$0	$0
Johanna Rapp	Director	0		$0	$0	$0
Ada Kibet	Director	0		$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	$95,587	$253,130	$440,825	$-157,543
2023	$557,743	$132,965	$619,999	$424,778
2022	$124,530	$110,445	$173,388	$14,085
2021	$208,986	$53,646	$155,340	$155,340

10 ACADEMY CORP