THE ROCK ACADEMY INC (EIN 871154195) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

CHRISTY MARCHETTI

Phone

7064422018

Tax Period

2023-01-01 to 2023-12-31

THE ROCK ACADEMY INC, founded in 2021, is a community nonprofit in the Education sector that reported $1.5M in total revenue in fiscal year 2022. Revenue surged 662% from the prior year, signaling strong growth momentum. The organization ran a surplus of $521K, a strong 35% operating margin.

Mission

TO PROVIDE STUDENTS OF RUSSELL COUNTY, ALABAMA AND THE SURROUNDING COMMUNITIES A QUALITY CHRISTIAN BASED K-12 SCHOOL AND EARLY CHILDHOOD LEARNING CENTER AT AN AFFORDABLE RATE TO ELIMINATE THE FINANCIAL BURDEN OF QUALITY PRIVATE EDUCATION.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $152,648

Program Service Revenue $1,014,198

Investment Income $0

Other Revenue $5,280

TOTAL REVENUE $1,172,126

Expense Breakdown

Grants Paid $0

Salaries & Benefits $961,945

Fundraising Expenses $0

Program Expenses $906,444

Other Expenses $217,592

TOTAL EXPENSES $1,179,537

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,172,126	$1,473,930	-0.2%
Expenses	$1,179,537	$952,985	+0.2%
Net Income	$-7,411	$520,945	-1.0%

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

N/A

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

$72,838

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JONATHON NORRIS	DIRECTOR	10.00	Director	$0	$0	$0
CHRISTY MARCHETTI	CHAIR/SCHOOL PRINCIPAL	40.00	Officer	$72,838	$0	$72,838
DONNIE LUMPKIN	VICE CHAIR	10.00	Officer	$0	$0	$0
ANJANETTE THOMAS	SECRETARY	10.00	Officer	$0	$0	$0
RECHEA JERNIGAN	TREASURER	10.00	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	No data	No data	No data	No data
2023	$1,172,126	$1,179,537	$525,087	$-7,411
2022	$1,473,930	$952,985	$528,253	$520,945

THE ROCK ACADEMY INC