PRIVETT ACADEMY

EIN: 912093451 501(c)(3) Education

MERCER ISLAND, WA

Total Revenue
$1,195,274
Total Expenses
$1,197,368
Total Assets
$191,755
Net Assets
$191,755
🔒

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
2000
Legal Domicile
WA
Principal Officer
CAROL MEYER
Phone
2062320059
Tax Period
2024-07-01 to 2025-06-30

PRIVETT ACADEMY, founded in 2000, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2024.

Mission

TO PROVIDE THE ACADEMIC AND EMOTIONAL SUPPORT NECESSARY FOR A RANGE OF LEARNERS INCLUDING AT-RISK YOUTH, RELUCTANT LEARNERS, AND MOTIVATED STUDENTS TO IMPROVE THEIR ACADEMIC PERFORMANCE IN ORDER TO BE SUCCESSFUL IN SCHOOL.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,194,865
Investment Income $409
Other Revenue $0
TOTAL REVENUE $1,195,274

Expense Breakdown

Grants Paid $500
Salaries & Benefits $992,253
Fundraising Expenses $0
Program Expenses $826,209
Other Expenses $204,615
TOTAL EXPENSES $1,197,368

Year-over-Year Comparison

2024 2023 Change
Revenue $1,195,274 $1,156,557 +0.0%
Expenses $1,197,368 $1,286,343 -0.1%
Net Income $-2,094 $-129,786 -1.0%
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
3
Employees
12
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
1
$209,467
Total Directors
4
$209,467
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROL MEYER DIRECTOR & P 40.00
Officer Director
$203,947 $5,520 $209,467
LARKIN MCFADDEN MEMBER 0.05
Director
$0 $0 $0
ERNIE OLSON MEMBER 0.05
Director
$0 $0 $0
MARK SANDWITH MEMBER 0.05
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
2025 $1,195,274 $1,197,368 $191,755 $-2,094
2024 $1,156,557 $1,286,343 $193,849 $-129,786
2023 $1,325,625 $1,301,549 $323,635 $24,076
2022 $1,379,455 $1,666,143 $299,559 $-286,688
2021 $1,163,457 $816,816 $754,537 $346,641
2020 $1,182,097 $1,160,216 $239,605 $21,881
2019 $1,352,585 $1,314,917 $217,722 $37,668
2018 $1,249,022 $1,114,192 $180,054 $134,830
Explore More Nonprofits
Top 100 Nonprofits in Washington Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare PRIVETT ACADEMY with other nonprofits in Washington and across the country.