REACH ACADEMY LEARNING CENTER (EIN 863953362) - 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

Tax Period

2023-08-01 to 2024-07-31

REACH ACADEMY LEARNING CENTER, founded in 2021, is a small nonprofit in the Education sector that reported $257K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year.

Mission

REACH ACADEMY EXISTS TO EMPOWER AND EDUCATE YOUNG MINDS TO BECOME GOD-HONORING, SUCCESSFUL LEADERS REGARDLESS OF SOCIOECONOMIC STATUS. REACH ACADEMY PROVIDES HOLISTIC EDUCATION FOR PRE-K THROUGH SIXTH GRADE, ROOTED IN CHRISTIAN VALUES.

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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 $200,729

Program Service Revenue $56,500

Investment Income $0

Other Revenue $0

TOTAL REVENUE $257,229

Expense Breakdown

Grants Paid $0

Salaries & Benefits $130,621

Fundraising Expenses $7,507

Program Expenses $253,996

Other Expenses $134,078

TOTAL EXPENSES $264,699

Year-over-Year Comparison

	2023	2022	Change
Revenue	$257,229	$280,499	-0.1%
Expenses	$264,699	$280,224	-0.1%
Net Income	$-7,470	$275	-28.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TAMALA BARDLETT	SECRETARY	40.00	Officer	$0	$0	$0
SONYA RICE	TREASURER	40.00	Officer	$0	$0	$0
ROBERT RICE	PRESIDENT	40.00	Officer	$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	$257,229	$264,699	$4,374	$-7,470
2023	$280,499	$280,224	$15,926	$275
2022	$88,126	$71,460	$16,666	$16,666

REACH ACADEMY LEARNING CENTER