AMERITAS COLLEGE INC (EIN 872387994) - 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

FREDERIC FRANSEN

Phone

3178701050

Tax Period

2024-07-01 to 2025-06-30

AMERITAS COLLEGE INC, founded in 2021, is a community nonprofit in the Education sector that reported $3.6M in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum.

Mission

ENSURING STUDENT LEARNING, VALIDATING STUDENT OUTCOMES, AND PROMOTING ACADEMIC EXCELLENCE.

🔒

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 $1,050,000

Program Service Revenue $2,500,942

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,550,942

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,793,626

Fundraising Expenses $39,187

Program Expenses $1,990,134

Other Expenses $1,709,946

TOTAL EXPENSES $3,503,572

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,550,942	$2,508,748	+0.4%
Expenses	$3,503,572	$2,567,732	+0.4%
Net Income	$47,370	$-58,984	-1.8%

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

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

$214,060

Total Directors

$214,060

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FREDERIC J FRANSEN	PRESIDENT/CEO	14.00	Officer Director	$0	$23,005	$214,060
DENNIS TRINKLE	CHAIR	5.00	Officer Director	$0	$0	$0
SHEREE SPEAKMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
JEREMY VEATCH	TREASURER	1.00	Officer Director	$0	$0	$0
KIM HOLDER	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHNATHAN HOLIFIELD	BOARD MEMBER	1.00	Director	$0	$0	$0
ROB LARITY	BOARD MEMBER	1.00	Director	$0	$0	$0
ADRIENNE LANCE LUCAS	BOARD MEMBER	1.00	Director	$0	$0	$0
ANDREW MORRISS	BOARD MEMBER	1.00	Director	$0	$0	$0
LAKE TACKETT	EXECUTIVE DIRECTOR	40.00	Highest	$104,961	$4,479	$109,440

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	$3,550,942	$3,503,572	$2,022,620	$47,370
2024	$2,508,748	$2,567,732	$1,721,256	$-58,984
2023	$1,644,783	$2,762,197	$1,203,362	$-1,117,414
2022	$447,749	$570,702	$697,138	$-122,953

AMERITAS COLLEGE INC