FOUNDATIONS CHRISTIAN ACADEMY (EIN 873940739) - 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

DAREN JOHNSON

Phone

6517832217

Tax Period

2023-07-01 to 2024-06-30

FOUNDATIONS CHRISTIAN ACADEMY, founded in 2021, is a small nonprofit in the Education sector that reported $490K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. The organization ran a surplus of $126K, a strong 26% operating margin.

Mission

THE PURPOSE OF THIS CORPORATION IS TO ESTABLISH AND MAINTAIN AFFORDABLE NON-DENOMINATIONAL BIBLICAL-CLASSICAL SCHOOL OR SCHOOLS WHICH SHALL OFFER REGULAR COURSES OF STUDY AND UPHOLD HIGH STANDARDS OF SCHOLASTIC EXCELLENCE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $45,785

Program Service Revenue $441,231

Investment Income $0

Other Revenue $2,623

TOTAL REVENUE $489,639

Expense Breakdown

Grants Paid $0

Salaries & Benefits $221,450

Fundraising Expenses $0

Program Expenses $326,885

Other Expenses $142,202

TOTAL EXPENSES $363,652

Year-over-Year Comparison

	2023	2022	Change
Revenue	$489,639	$580,166	-0.2%
Expenses	$363,652	$543,649	-0.3%
Net Income	$125,987	$36,517	+2.5%

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

N/A

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

$41,683

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SARAH BROWN	VICE PRESIDENT	2.00	Director	$0	$0	$0
LINDSAY VOKATY	SECRETARY	1.00	Director	$0	$0	$0
ELI SUNDERLAND	TREASURER	1.00	Director	$0	$0	$0
DAREN JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
ABBY KJOS	DIRECTOR	1.00	Director	$0	$0	$0
BRENDA NOLBY	DIRECTOR	1.00	Director	$0	$0	$0
BRAD SUNDERLAND	PRESIDENT	50.00	Officer	$41,683	$0	$41,683

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
2024	$489,639	$363,652	$519,536	$125,987
2023	$580,166	$543,649	$393,020	$36,517
2022	$236,266	$110,206	$126,060	$126,060

FOUNDATIONS CHRISTIAN ACADEMY