The Malachi Academy Inc

Nonprofit profile at a glance

EIN
923149208
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024
Location
Port Saint Lucie, FL, USA
Phone
9542433246
Rating
94
Verdict
STRONG
Rating confidence
Moderate
Sector
Specialized Education Institutions

Reported finances

Revenue
$147,096
Expenses
$144,765
Assets
$39,673
Liabilities
$65,182

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Lendilyn Maranan (President)
  • Veronica Rojas (Vice President)

People named in this filing

  • Lendilyn Maranan (President)
  • Veronica Rojas (Vice President)
  • Hannah Vergara (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Individualized educational support to students with special needs

What it reported doing in 2024

The academy utilizes curriculums such as N2Y, Unique, Montessori Math and the Science of Reading,. In 2024-25 academic year, 30 students and their families benefited from the program, evidenced by the exponential academy growth.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 95
  • Transparency & Controls: 100
  • Sustainability: 27
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94%; rating input score 94
  • Program expense ratio: 95.5%; rating input score 96

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 1.6%; rating input score 39; 39th percentile among comparable filings
  • Total-asset coverage ratio: 0.27; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: 1.64; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 25.8%; rating input score 13; 13th percentile among comparable filings

Growth

  • Program expense growth: 109.7% per year; rating input score 100; 98th percentile among comparable filings
  • Revenue growth: 168.7% per year; rating input score 100; 100th percentile among comparable filings
  • Asset growth: 41.7% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 94% of revenue deployed · 95.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $138K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 5 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Operating margin scored 39/100.
  • High — Sustainability: Total-asset coverage ratio scored 24/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • High — Sustainability: Officer compensation ratio scored 13/100.