Maranatha Baptist Academy Inc

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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

Donald Donovan

Tax Period

2022-07-01 to 2023-06-30

Maranatha Baptist Academy Inc, founded in 2022, is a small nonprofit in the Education sector that reported $895K in total revenue in fiscal year 2022.

Mission

Maranatha Baptist Academy partners with parents, prepares students academically, and promotes living for Christ. Within this mission, MBA emphasizes four attitudes that drive our approach to all aspects of academics, athletics, fine arts, social relationships, and spiritual growth - truth, learning, excellence, and teamwork.

Program Service Accomplishments

Program 1

Expenses: $697,597

Maranatha Baptist Academy provides a traditional Christ-centered high school education that prepares students academically and promotes living for Christ.

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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 (2022)

Revenue Breakdown

Contributions & Grants $381,796

Program Service Revenue $503,618

Investment Income $0

Other Revenue $9,999

TOTAL REVENUE $895,413

Expense Breakdown

Grants Paid $0

Salaries & Benefits $488,704

Fundraising Expenses $0

Program Expenses $697,597

Other Expenses $406,405

TOTAL EXPENSES $895,109

Year-over-Year Comparison

	2022	2021	Change
Revenue	$895,413	N/A	N/A
Expenses	$895,109	N/A	N/A
Net Income	$304	N/A	N/A

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

$158,442

Total Directors

$123,758

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Matthew Davis	Chairman	002.00	Officer Director	$0	$0	$55,606
William Licht	Vice-Chairman	002.00	Officer Director	$0	$0	$38,357
Donald Donovan	Treasurer	010.00	Officer	$0	$0	$34,684
Philip Alsup	Director	040.00	Officer Director	$0	$0	$29,795

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$895,413	$895,109	$161,342	$304