Charlotte, NC
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)Philips Academy of North Carolina Inc, founded in 2005, is a community nonprofit in the Education sector that reported $2.7M in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $2.3M left a modest 13% surplus.
Philips Academy is a private non-profit school for students in Middle & High School with complex language, learning and/or cognitive disabilities. Our mission is to provide our students with the academic, occupational and social skills needed to be self-reliant, confident and contributing members of their communities.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,691,477 | $3,665,074 | -0.3% |
| Expenses | $2,335,224 | $2,003,193 | +0.2% |
| Net Income | $356,253 | $1,661,881 | -0.8% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Deborah Hofland | Executive Dir. | 50.00 |
Officer
|
$129,750 | $0 | $129,750 |
| Phil Blount | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Jane Blount | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| Ed Imbrogno | Chairman | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Becky Berolatti | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Kristin Downey | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Frasier Ives | Secretary | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Doug Bradley | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Josh Reichard | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Melodie Ohaus | Treasurer | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Matthew W Smith | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Raleigh Anne Gray | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Dale Sarjeant | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Steven Scruggs | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Nicki Applefield Engel | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $2,691,477 | $2,335,224 | $7,206,402 | $356,253 |
| 2024 | $3,665,074 | $2,003,193 | $6,775,969 | $1,661,881 |
| 2023 | $1,808,354 | $1,704,744 | $5,054,250 | $103,610 |
| 2022 | $2,463,422 | $1,489,918 | $3,993,280 | $973,504 |
| 2021 | $1,713,692 | $1,247,724 | $3,153,577 | $465,968 |
| 2020 | $1,222,606 | $1,214,440 | $2,745,274 | $8,166 |
| 2019 | $1,573,922 | $984,805 | $2,613,572 | $589,117 |
| 2018 | $1,929,988 | $788,833 | $2,069,056 | $1,141,155 |
Compare Philips Academy of North Carolina Inc with other nonprofits in North Carolina and across the country.