VIRTUAL PREPARATORY ACADEMY OF OREG

EIN: 920576348 501(c)(3) Education

PRAIRIE CITY, OR

Total Revenue
$958,068
Total Expenses
$2,018,457
Total Assets
$497,785
Net Assets
$-2,408,950
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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
OR
Principal Officer
DR LAUREL PEDERSON
Phone
5413042202
Tax Period
2024-07-01 to 2025-06-30

VIRTUAL PREPARATORY ACADEMY OF OREG, founded in 2022, is a small nonprofit in the Education sector that reported $958K in total revenue in fiscal year 2024. Revenue surged 59% from the prior year, signaling strong growth momentum. Expenses of $2.0M exceeded revenue, resulting in a 111% operating deficit.

Mission

AT VIRTUAL PREPARATORY ACADEMY OF OREGON, WE EMPOWER STUDENTS TO BE THEIR BEST BY ENABLING THEM TO LEARN IN WAYS THAT ARE RIGHT FOR THEM USING INNOVATIVE TECHNOLOGY AT HOME, AT THEIR PROPER LEVEL, AND AT THEIR OWN PACE.

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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 $958,068
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $958,068

Expense Breakdown

Grants Paid $0
Salaries & Benefits $742,764
Fundraising Expenses $0
Program Expenses $884,166
Other Expenses $1,275,693
TOTAL EXPENSES $2,018,457

Year-over-Year Comparison

2024 2023 Change
Revenue $958,068 $604,205 +0.6%
Expenses $2,018,457 $1,592,443 +0.3%
Net Income $-1,060,389 $-988,238 +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

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Governance

Voting Members
3
Independent Members
3
Employees
13
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
3
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR LAUREL PEDERSON BOARD CHAIR 1.00
Officer Director
$0 $0 $0
SUZANNE KENDRICK SECRETARY 0.50
Officer
$0 $0 $0
CHEYLIN JAUKKURI TREASURER 0.50
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
2025 $958,068 $2,018,457 $497,785 $-1,060,389
2024 No data No data No data No data
2024 No data No data No data No data
2023 $20,962 $374,060 $25,173 $-353,098
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