Intellectus Preparatory Charter School (EIN 871238427) - 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

Kenyah Miller

Phone

9142216929

Tax Period

2024-07-01 to 2025-06-30

Intellectus Preparatory Charter School, founded in 2021, is a community nonprofit in the Education sector that reported $2.1M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $2.5M exceeded revenue, resulting in a 22% operating deficit.

Mission

TO DELIVER AN EQUITABLE EDUCATIONAL EXPERIENCE FOR STUDENTS IN GRADES 6-12. THROUGH EXPERIENTIAL LEARNING, RESTORATIVE PRACTICE AND PERSONAL DEVELOPMENT, SCHOLARS ARE PREPARED TO COMPETE ACADEMICALLY, CONTRIBUTE SOCIALLY, AND CHOOSE THEIR PATHWAY TO COLLEGE AND CAREER.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $2,062,762

Program Service Revenue $0

Investment Income $0

Other Revenue $1,203

TOTAL REVENUE $2,063,965

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,224,984

Fundraising Expenses $0

Program Expenses $1,805,681

Other Expenses $1,286,827

TOTAL EXPENSES $2,511,811

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,063,965	$2,204,031	-0.1%
Expenses	$2,511,811	$2,294,304	+0.1%
Net Income	$-447,846	$-90,273	+4.0%

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

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

$152,956

Total Directors

$152,956

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kenyah Miller	Founder/CEO	60.00	Officer Director	$149,957	$2,999	$152,956
Raymel Bowden	Dir. of Culture	50.00		$103,203	$7,554	$110,757
Crystal Dow	Chairman	2.00	Officer Director	$0	$0	$0
Terrence Turner	Secretary	2.00	Officer Director	$0	$0	$0
David Everet	Treasurer	2.00	Officer Director	$0	$0	$0
Mychael Williams	Trustee	2.00	Director	$0	$0	$0
Calvin McCoy Jr	Trustee	2.00	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
2025	$2,063,965	$2,511,811	$2,122,988	$-447,846
2024	$2,204,031	$2,294,304	$2,894,853	$-90,273
2023	$1,587,874	$2,648,249	$3,201,934	$-1,060,375
2022	$935,198	$416,387	$1,561,806	$518,811

Intellectus Preparatory Charter School