Lorain, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MANSFIELD PREPARATORY ACADEMY INC, founded in 2005, is a community nonprofit in the Education sector that reported $6.6M in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year.
The purposes for which the corporation was formed, as stated in its Articles of Incorporation, are to establish and run a charter school in the state of Ohio for the benefit of the children, of the community, and to engage in any other activities incidental to the foregoing purposes for which a corporation may be organized under Chapter 1702 of the Ohio Revised Code; provided, however, that the Corporation is organized and shall at all times be operated exclusively within the confines of IRC 501c3.
Instructional services for children in grades K-8 for 2024-2025 school year.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $6,558,355 | $7,987,415 | -0.2% |
| Expenses | $6,767,451 | $7,226,388 | -0.1% |
| Net Income | $-209,096 | $761,027 | -1.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Marcelo Torres | Board Member | 1.0 |
Director
|
$1,375 | $0 | $1,375 |
| Christopher Mills | Board Member | 1.00 |
Director
|
$1,375 | $0 | $1,375 |
| Suzie Dills | Board President | 2.0 |
Director
|
$1,375 | $0 | $1,375 |
| Henry Gomez | Board Member | 1.0 |
Director
|
$1,375 | $0 | $1,375 |
| Ricky Knight | Board Member | 1.00 |
Director
|
$1,375 | $0 | $1,375 |
| Richard Saul | Board Member | 1.0 |
Director
|
$1,125 | $0 | $1,125 |
| Brenda Shelton | Board Member | 1.0 |
Director
|
$875 | $0 | $875 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $6,558,355 | $6,767,451 | $11,832,548 | $-209,096 |
| 2024 | No data | No data | No data | No data |
| 2023 | $8,041,006 | $7,143,738 | $11,398,421 | $897,268 |
| 2022 | $7,349,755 | $6,195,136 | $10,447,802 | $1,154,619 |
| 2021 | $6,862,559 | $6,388,614 | $4,022,039 | $473,945 |
| 2020 | $5,541,916 | $6,036,645 | $3,122,839 | $-494,729 |
| 2019 | $5,368,135 | $5,263,707 | $3,486,662 | $104,428 |
| 2018 | $5,116,728 | $3,591,702 | $2,874,738 | $1,525,026 |
Compare MANSFIELD PREPARATORY ACADEMY INC with other nonprofits in Ohio and across the country.