GREAT OAKS ACADEMY

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2022

Legal Domicile

Principal Officer

LINDSAY NEWCOMER

Phone

3606935614

Tax Period

2024-07-01 to 2025-06-30

GREAT OAKS ACADEMY, founded in 2022, is a small nonprofit in the Education sector that reported $589K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $649K exceeded revenue, resulting in a 10% operating deficit.

Mission

TO CREATE A NURTURING EARLY LEARNING ENVIRONMENT WHERE CHILDREN ARE AT THE CENTER OF THEIR EDUCATIONAL JOURNEY, AND FAMILIES ARE VALUED AS ACTIVE PARTNERS IN OUR COMMUNITY. WE ARE DEDICATED TO MEETING CHILDREN WHERE THEY ARE AT, ENSURING THAT EVERY CHILD, REGARDLESS OF THEIR STARTING POINT, HAS THE OPPORTUNITY TO THRIVE IN A HIGH-QUALITY LEARNING ENVIRONMENT. WE FOSTER A LOVE FOR LEARNING AND BUILD TRUST IN EACH CHILD, ALLOWING THEM TO ACHIEVE INDIVIDUAL SUCCESS WHILE STRENGTHENING THEIR SELF-ESTEEM THROUGH THE POWER OF PLAY. OUR ULTIMATE GOAL IS TO PROVIDE A FOUNDATION OF LOVE AND TRUST THAT EMPOWERS CHILDREN TO THRIVE AND FLOURISH IN THEIR FORMATIVE YEARS.

Program Service Accomplishments

Program 1

Expenses: $405,510 Revenue: $575,433

WE ARE A NONPROFIT PART-DAY PRESCHOOL PROGRAM SERVICING APPROX. 175 CHILDREN PER YEAR.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $12,026

Program Service Revenue $575,433

Investment Income $1,064

Other Revenue $0

TOTAL REVENUE $588,523

Expense Breakdown

Grants Paid $0

Salaries & Benefits $518,336

Fundraising Expenses $2,948

Program Expenses $405,510

Other Expenses $130,948

TOTAL EXPENSES $649,284

Year-over-Year Comparison

	2024	2023	Change
Revenue	$588,523	$479,355	+0.2%
Expenses	$649,284	$400,397	+0.6%
Net Income	$-60,761	$78,958	-1.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

$56,670

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JESSICA WANGER	PRESIDENT	1.00	Officer Director	$0	$0	$0
SARAH DUNKEL	TREASURER	1.00	Officer Director	$0	$0	$0
DOUG VARENAS	BOARD MEMBER	1.00	Director	$0	$0	$0
PAUL BURGESS	BOARD MEMBER	1.00	Director	$0	$0	$0
VALERIE ESTEP	SECRETARY	1.00	Director	$0	$0	$0
JANENE RITCHIE	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
LINSAY NEWCOMER	EXEC. DIRECTOR	40.00	Director	$56,670	$0	$56,670

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	$588,523	$649,284	$23,441	$-60,761