HIGH POINT ACADEMY INC (EIN 900970217) - 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

2013

Legal Domicile

Principal Officer

BRIAN SHERMAN

Phone

8643169788

Tax Period

2023-07-01 to 2024-06-30

HIGH POINT ACADEMY INC, founded in 2013, is a mid-sized nonprofit in the Education sector that reported $16.9M in total revenue in fiscal year 2023.

Mission

TO OPERATE A CHARTER SCHOOL FOR GRADES K-12.

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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 (2023)

Revenue Breakdown

Contributions & Grants $16,059,409

Program Service Revenue $512,736

Investment Income $212,926

Other Revenue $147,297

TOTAL REVENUE $16,932,368

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,329,646

Fundraising Expenses $0

Program Expenses $11,865,414

Other Expenses $5,450,115

TOTAL EXPENSES $16,779,761

Year-over-Year Comparison

	2023	2022	Change
Revenue	$16,932,368	$16,893,091	+0.0%
Expenses	$16,779,761	$16,502,758	+0.0%
Net Income	$152,607	$390,333	-0.6%

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

255

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

$144,038

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GENNA JO PARKER	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
KYLE WALTZ	BOARD MEMBER	2.00	Director	$0	$0	$0
JOSH PURSER	BOARD MEMBER	2.00	Director	$0	$0	$0
TEKA BENSON	SECRETARY	2.00	Officer Director	$0	$0	$0
PJ PERTELL	BOARD MEMBER	2.00	Director	$0	$0	$0
TERSEA ROLLINS	TREASURER	2.00	Officer Director	$0	$0	$0
DEBBIE WRIGHT	BOARD MEMBER	2.00	Director	$0	$0	$0
MATT NESTBERG	VICE CHAIR	2.00	Officer Director	$0	$0	$0
SARAH HOCK	BOARD MEMBER	2.00	Director	$0	$0	$0
BRIAN SHERMAN	SUPERINTENDENT	50.00	Officer	$137,443	$6,595	$144,038

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	$16,932,368	$16,779,761	$33,315,015	$152,607
2023	$16,893,091	$16,502,758	$33,424,338	$390,333
2022	$17,137,634	$16,205,380	$33,724,811	$932,254
2021	$16,108,414	$14,341,072	$32,871,458	$1,767,342
2020	$13,724,783	$14,344,347	$32,838,995	$-619,564
2019	$13,777,323	$13,558,346	$32,430,444	$218,977
2018	$12,489,411	$11,219,330	$3,879,825	$1,270,081

HIGH POINT ACADEMY INC