VIRTUAL PREPARATORY ACADEMY OF WEST VIRGINIA (EIN 872266946) - 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

LAUREN ARBAUGH

Phone

3049244987

Tax Period

2024-07-01 to 2025-06-30

VIRTUAL PREPARATORY ACADEMY OF WEST VIRGINIA, founded in 2021, is a mid-sized nonprofit in the Education sector that reported $10.7M in total revenue in fiscal year 2024. Revenue surged 104% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.5M, a strong 24% operating margin.

Mission

A K-12 TUITION-FREE ONLINE PUBLIC SCHOOL SERVING STUDENTS ACROSS WEST VIRGINIA.

🔒

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 $9,547,073

Program Service Revenue $1,168,506

Investment Income $0

Other Revenue $0

TOTAL REVENUE $10,715,579

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,174,448

Other Expenses $8,189,441

TOTAL EXPENSES $8,189,441

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,715,579	$5,251,755	+1.0%
Expenses	$8,189,441	$5,562,276	+0.5%
Net Income	$2,526,138	$-310,521	-9.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL M CASTO	MEMBER	2.00	Director	$0	$0	$0
MATT MCKINNEY	MEMBER	2.00	Director	$0	$0	$0
BRID GEN CHRISTOPHER S WALKER	MEMBER	2.00	Director	$0	$0	$0
LAUREN ARBAUGH	BOARD CHAIR	5.00	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
2025	$10,715,579	$8,189,441	$1,652,446	$2,526,138
2024	$5,251,755	$5,562,276	$477,166	$-310,521
2023	$1,389,354	$2,735,364	$326,820	$-1,346,010

VIRTUAL PREPARATORY ACADEMY OF WEST VIRGINIA