Premier Prep Online (EIN 873535360) - 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

Tax Period

2024-07-01 to 2025-06-30

Premier Prep Online, founded in 2021, is a community nonprofit in the Education sector that reported $2.7M in total revenue in fiscal year 2024. Revenue surged 70% from the prior year, signaling strong growth momentum. The organization ran a surplus of $441K, a strong 16% operating margin.

Mission

Premier Prep Online Academy equips talent-driven students through high quality education and personal development and prepares them with a foundation for life-long learning to be productive, engaged citizens.

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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 $2,594,684

Program Service Revenue $92,224

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,686,908

Expense Breakdown

Grants Paid $0

Salaries & Benefits $987,747

Fundraising Expenses $0

Program Expenses $1,525,695

Other Expenses $1,258,525

TOTAL EXPENSES $2,246,272

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,686,908	$1,577,749	+0.7%
Expenses	$2,246,272	$1,281,604	+0.8%
Net Income	$440,636	$296,145	+0.5%

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

$227,120

Total Directors

$227,120

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Erik Gray	President	40.00	Officer Director	$113,560	$0	$113,560
Sarah Williams	Vice President	40.00	Officer Director	$113,560	$0	$113,560
Mark Earle	Director	1.00	Director	$0	$0	$0
Michael Walker	Director	1.00	Director	$0	$0	$0
Nick Schuermann	Director	1.00	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	$2,686,908	$2,246,272	$839,838	$440,636
2024	No data	No data	No data	No data

Premier Prep Online