Akeela Development Corporation (EIN 920156518) - 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

1995

Legal Domicile

Principal Officer

Courtney Donovan

Phone

9075651200

Tax Period

2024-07-01 to 2025-06-30

Akeela Development Corporation, founded in 1995, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $314K, a strong 21% operating margin.

Mission

A support organization for Akeela Inc. which holds title to property, collects income and pays expenses related to that property.

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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 (2024)

Revenue Breakdown

Contributions & Grants $50,000

Program Service Revenue $0

Investment Income $426,418

Other Revenue $999,570

TOTAL REVENUE $1,475,988

Expense Breakdown

Grants Paid $0

Salaries & Benefits $263,177

Fundraising Expenses $0

Program Expenses $780,140

Other Expenses $898,594

TOTAL EXPENSES $1,161,771

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,475,988	$1,312,451	+0.1%
Expenses	$1,161,771	$947,765	+0.2%
Net Income	$314,217	$364,686	-0.1%

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

N/A

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

$104,042

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jim Sellers	Executive Dir.	40.00	Officer	$104,042	$0	$104,042
Carl Gatter	Chairman	0.00	Officer Director	$0	$0	$0
Nancy Tieje	Vice Chair	0.00	Officer Director	$0	$0	$0
Brian Saylor	Sec/Treas	0.00	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
2025	$1,475,988	$1,161,771	$8,689,203	$314,217
2024	No data	No data	No data	No data
2023	$1,142,723	$921,505	$7,791,424	$221,218
2022	$1,283,082	$1,146,945	$7,632,318	$136,137
2021	$1,517,175	$1,197,612	$7,563,768	$319,563
2020	$1,184,626	$1,194,901	$7,383,684	$-10,275
2019	$1,089,008	$1,181,708	$7,390,845	$-92,700
2018	$1,160,108	$1,249,832	$7,359,125	$-89,724

Akeela Development Corporation