GLOBAL ACADEMY OF SOUTH CAROLINA (EIN 874702096) - 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

2022

Legal Domicile

Principal Officer

NATALIYA PANASIUK

Phone

8647650004

Tax Period

2024-07-01 to 2025-06-30

GLOBAL ACADEMY OF SOUTH CAROLINA, founded in 2022, is a community nonprofit that reported $8.6M in total revenue in fiscal year 2024. Revenue surged 124% from the prior year, signaling strong growth momentum.

Mission

GLOBAL ACADEMY OF SOUTH CAROLINA IS A PUBLIC CHARTER SCHOOL LOCATED IN SPARTANBURG SC

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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 $8,094,680

Program Service Revenue $43,378

Investment Income $59,824

Other Revenue $425,836

TOTAL REVENUE $8,623,718

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,832,069

Fundraising Expenses $0

Program Expenses $7,300,232

Other Expenses $4,778,141

TOTAL EXPENSES $8,610,210

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,623,718	$3,858,315	+1.2%
Expenses	$8,610,210	$6,665,930	+0.3%
Net Income	$13,508	$-2,807,615	-1.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LILIYA KOVALEVICH	SECRETARY	5.00	Officer Director	$0	$0	$0
VITALIY B SULAKOV	BOARD CHAIR	5.00	Officer Director	$0	$0	$0
ROMAN LYUBAR	BOARD MEMBER	5.00	Director	$0	$0	$0
MARISSA AULICK	BOARD MEMBER	5.00	Director	$0	$0	$0
LYNNE LEAHEY	BOARD MEMBER	5.00	Director	$0	$0	$0
OKSANA SLEPTSOV	BOARD MEMBER	5.00	Director	$0	$0	$0
ANDREY RYZHKOV	TREASURER	5.00	Officer 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	$8,623,718	$8,610,210	$29,013,922	$13,508
2024	$3,858,315	$6,665,930	$28,925,787	$-2,807,615
2023	$316,097	$342,890	$232,573	$-26,793

GLOBAL ACADEMY OF SOUTH CAROLINA