VENTURE ACADEMY BUILDING CORPORATION (EIN 873058139) - 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

Principal Officer

CHARLES ELLSWORTH

Phone

6123459040

Tax Period

2024-07-01 to 2025-06-30

VENTURE ACADEMY BUILDING CORPORATION, founded in 2021, is a small nonprofit in the Education sector that reported $773K in total revenue in fiscal year 2024. Expenses of $892K exceeded revenue, resulting in a 15% operating deficit.

Mission

SUPPORTING VENTURE ACADEMIES SCHOOL IN SECURING A LONG TERM FACILITY TO MEET THEIR EDUCATIONAL MISSION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $721,823

Investment Income $50,956

Other Revenue $0

TOTAL REVENUE $772,779

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $891,785

Other Expenses $891,785

TOTAL EXPENSES $891,785

Year-over-Year Comparison

	2024	2023	Change
Revenue	$772,779	$777,557	0.0%
Expenses	$891,785	$1,184,215	-0.2%
Net Income	$-119,006	$-406,658	-0.7%

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

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

$136,674

Total Directors

$136,674

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES ELLSWORTH	CHAIR	1.00	Officer Director	$0	$0	$46,175
ELISE WEHRMAN	TREASURER	1.00	Officer Director	$0	$0	$6,423
HEIDI SMITH	SECRETARY	1.00	Officer Director	$0	$0	$84,076

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	$772,779	$891,785	$8,266,102	$-119,006
2024	$777,557	$1,184,215	$8,380,515	$-406,658
2023	$730,555	$1,007,893	$9,132,675	$-277,338
2022	$108,069	$1,264,396	$9,338,261	$-1,156,327

VENTURE ACADEMY BUILDING CORPORATION