PLEASANT RIDGE CHRISTIAN ACADEMY INC

EIN: 883952590 501(c)(3) Education

DEFUNIAK SPRINGS, FL

Total Revenue
$273,043
Total Expenses
$179,394
Total Assets
$197,875
Net Assets
$195,539
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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
FL
Phone
8508920516
Tax Period
2024-01-01 to 2024-12-31

PLEASANT RIDGE CHRISTIAN ACADEMY INC, founded in 2022, is a small nonprofit in the Education sector that reported $273K in total revenue in fiscal year 2024. The organization ran a surplus of $94K, a strong 34% operating margin.

Mission

CHRISTIAN EDUCATION FOR 6TH AND 7TH GRADES.

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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 $115,805
Program Service Revenue $164,783
Investment Income $45
Other Revenue $-7,590
TOTAL REVENUE $273,043

Expense Breakdown

Grants Paid $0
Salaries & Benefits $96,730
Fundraising Expenses $3,927
Program Expenses $154,693
Other Expenses $82,664
TOTAL EXPENSES $179,394

Year-over-Year Comparison

2024 2023 Change
Revenue $273,043 N/A N/A
Expenses $179,394 N/A N/A
Net Income $93,649 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

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Governance

Voting Members
6
Independent Members
6
Employees
4
Volunteers
45

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
5
$0
Total Directors
1
$17,308
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHALYN TISON DIRECTOR OF OPERATIONS 40.00
Director
$17,308 $0 $17,308
PAM TEDESCO PRESIDENT 20.00
Officer
$0 $0 $0
STEVEN SPINKS VICE PRESIDENT 5.00
Officer
$0 $0 $0
BETH NORRIS OFFICER 1.00
Officer
$0 $0 $0
STACEY MOLLEGA SECRETARY 2.00
Officer
$0 $0 $0
STEVEN HARRIS OFFICER 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
2024 $273,043 $179,394 $197,875 $93,649
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