VENTURE ACADEMY INC (EIN 921602819) - 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

2022

Legal Domicile

Principal Officer

PAUL BERTHIAUME

Phone

7159720032

Tax Period

2023-01-01 to 2023-12-31

VENTURE ACADEMY INC, founded in 2022, is a community nonprofit in the Education sector that reported $3.4M in total revenue in fiscal year 2023. The organization ran a surplus of $2.8M, a strong 84% operating margin.

Mission

EMPOWERING CHRIST-CENTERED LEADERS, DESIGNERS, AND INNOVATORS FOR A WORLD WE CAN'T YET IMAGINE

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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 $3,285,968

Program Service Revenue $0

Investment Income $67,082

Other Revenue $0

TOTAL REVENUE $3,353,050

Expense Breakdown

Grants Paid $0

Salaries & Benefits $188,875

Fundraising Expenses $90,782

Program Expenses $288,664

Other Expenses $344,593

TOTAL EXPENSES $533,468

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,353,050	N/A	N/A
Expenses	$533,468	N/A	N/A
Net Income	$2,819,582	N/A	N/A

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

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

$86,329

Total Directors

$128,232

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK REAMS THRU AUGUST 2023	BOARD MEMBER	40.00	Director	$34,665	$7,238	$41,903
BRIAN SULLIVAN	PRESIDENT/INTERIM HEAD OF SCHOOL	40.00	Officer Director	$86,329	$0	$86,329
AMY MAZIARKA	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
EVAN NELSON	MEMBER	2.00	Director	$0	$0	$0
PAUL BERTHIAUME	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
FRANK HELQUIST	MEMBER	2.00	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$3,353,050	$533,468	$2,853,138	$2,819,582

VENTURE ACADEMY INC