ADVENTURE ACADEMY CORPORATION

EIN: 883702771 501(c)(3) Education

HARRISBURG, NC

Total Revenue
$568,613
Total Expenses
$540,465
Total Assets
$84,765
Net Assets
$28,148
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
NC
Principal Officer
DAVID HENDERSON
Phone
7047875579
Tax Period
2023-01-01 to 2023-12-31

ADVENTURE ACADEMY CORPORATION, founded in 2022, is a small nonprofit in the Education sector that reported $569K in total revenue in fiscal year 2023. Expenses of $540K left a modest 5% surplus.

Mission

TO PROVIDE FAMILIES WITH PREMIER CHILDCARE AND EDUCATION IN A CHRISTIAN ENVIRONMENT

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $140,174
Program Service Revenue $428,439
Investment Income $0
Other Revenue $0
TOTAL REVENUE $568,613

Expense Breakdown

Grants Paid $0
Salaries & Benefits $425,365
Fundraising Expenses $0
Program Expenses $442,421
Other Expenses $115,100
TOTAL EXPENSES $540,465

Year-over-Year Comparison

2023 2022 Change
Revenue $568,613 N/A N/A
Expenses $540,465 N/A N/A
Net Income $28,148 N/A N/A
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

Sign In

Governance

Voting Members
4
Independent Members
1
Employees
34
Volunteers
10

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
4
$174,478
Total Directors
4
$174,478
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID HENDERSON PRESIDENT / EXECUTIVE DIRECTOR 1.00
Officer Director
$0 $64,500 $122,733
CHAD MAYNOR VICE PRESIDENT 1.00
Officer Director
$0 $0 $23,756
MENDY HENDERSON SECRETARY 1.00
Officer Director
$0 $24,011 $27,989
HANNAH MAYNOR TREASURER 1.00
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
2024 No data No data No data No data
2023 $568,613 $540,465 $84,765 $28,148
Explore More Nonprofits
→Top 100 Nonprofits in North Carolina →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare ADVENTURE ACADEMY CORPORATION with other nonprofits in North Carolina and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.