EMERALD HEIGHTS ACADEMY (EIN 911598587) - 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

1993

Legal Domicile

Principal Officer

JOSEPH THOMAS

Phone

4256431671

Tax Period

2022-07-01 to 2023-06-30

EMERALD HEIGHTS ACADEMY, founded in 1993, is a small nonprofit that reported $607K in total revenue in fiscal year 2022. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $719K exceeded revenue, resulting in a 18% operating deficit.

Mission

EDUCATION FOR PRE-KINDERGARTEN THROUGH 8TH GRADE.

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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 $164,058

Program Service Revenue $435,510

Investment Income $507

Other Revenue $7,166

TOTAL REVENUE $607,241

Expense Breakdown

Grants Paid $42,469

Salaries & Benefits $483,184

Fundraising Expenses $12,973

Program Expenses $531,495

Other Expenses $193,174

TOTAL EXPENSES $718,827

Year-over-Year Comparison

	2022	2021	Change
Revenue	$607,241	$801,456	-0.2%
Expenses	$718,827	$648,017	+0.1%
Net Income	$-111,586	$153,439	-1.7%

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

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

$77,998

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARCO CAMESASCA	PRESIDENT	2.00	Officer Director	$0	$0	$0
NICK SCIOLA	VICE PRESIDENT	4.00	Officer Director	$0	$0	$0
DOMINIC PARMANTIER	TREASURER	1.00	Officer Director	$0	$0	$0
ANDREA FONNER	SECRETARY	4.00	Officer Director	$0	$0	$0
PHIL RONI	BOARD MEMBER	1.00	Director	$0	$0	$0
GUIDO DESANTIS	BOARD MEMBER	1.00	Director	$0	$0	$0
JOSEPH THOMAS	PRINCIPAL	40.00	Officer	$77,998	$0	$77,998

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	$607,241	$718,827	$364,079	$-111,586
2022	$801,456	$648,017	$472,711	$153,439
2021	$690,770	$626,061	$392,219	$64,709
2020	$537,595	$516,208	$325,348	$21,387
2019	$491,159	$475,379	$236,355	$15,780
2018	$418,618	$404,377	$215,371	$14,241

EMERALD HEIGHTS ACADEMY