Elements Academy Incorporated

EIN: 873960951 501(c)(3) Education

Braintree, MA

Total Revenue
$305,014
Total Expenses
$338,584
Total Assets
$295,191
Net Assets
$-117,601
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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
2022
Legal Domicile
MA
Phone
6173022483
Tax Period
2024-07-01 to 2025-06-30

Elements Academy Incorporated, founded in 2022, is a small nonprofit in the Education sector that reported $305K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $339K exceeded revenue, resulting in a 11% operating deficit.

Mission

Elements Academy is a nonprofit PreK-12 Microschool and Family Wellness Community for curious and creative children and families.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $17,807
Program Service Revenue $284,311
Investment Income $0
Other Revenue $2,896
TOTAL REVENUE $305,014

Expense Breakdown

Grants Paid $0
Salaries & Benefits $126,301
Fundraising Expenses $0
Program Expenses $294,958
Other Expenses $212,283
TOTAL EXPENSES $338,584

Year-over-Year Comparison

2024 2023 Change
Revenue $305,014 $257,442 +0.2%
Expenses $338,584 $298,685 +0.1%
Net Income $-33,570 $-41,243 -0.2%
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

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Governance

Voting Members
3
Independent Members
2
Employees
9
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
2
$0
Total Directors
1
$7,000
Key Employees
1
$7,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Heather DiNino Executive Director 40.00
Director Key Emp
$7,000 $0 $7,000
Mary Romano Tresurer 1.00
Officer
$0 $0 $0
Abigail Roughton Secretary 1.00
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 $305,014 $338,584 $295,191 $-33,570
2024 $257,442 $298,685 $130,936 $-41,243
2023 $407,309 $447,162 $141,330 $-39,853
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