VICTORY RIDGE ACADEMY INC

EIN: 204976804 501(c)(3) Education

LAKE WALES, FL

Total Revenue
$15,934,498
Total Expenses
$14,849,286
Total Assets
$30,654,120
Net Assets
$3,207,914
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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
2006
Legal Domicile
FL
Principal Officer
MELISSA MOTIS
Phone
8636793338
Tax Period
2024-07-01 to 2025-06-30

VICTORY RIDGE ACADEMY INC, founded in 2006, is a mid-sized nonprofit in the Education sector that reported $15.9M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $14.8M left a modest 7% surplus.

Mission

VICTORY RIDGE ACADEMY IS A SPECIALIZED CHARTER SCHOOL OPERATED UNDER CONTRACT WITH THE POLK COUNTY(FL) SCHOOL BOARD, WHICH SERVES A 100% ESE STUDENT POPULATION FROM PRE-K TO 12TH GRADE. PUPILS ARE TREATED AS BOTH PATIENTS AND STUDENTS UNDER A DUAL MEDICAL/EDUCATIONAL MODEL, RECEIVING FREQUENT SPEECH, PHYSICAL AND OCCUPATIONAL THERAPY ON SITE AND IN CLASSROOMS AS WELL AS INDIVIDUALIZED EDUCATIONAL INSTRUCTION FROM CERTIFIED ESE INSTRUCTORS. THE SCHOOL IS OPEN TO ALL RESIDENTS OF THE LOCAL COMMUNITY, AND ALL SERVICES ARE PROVIDED FREE OF CHARGE TO ITS STUDENT POPULATION.

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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 $1,439,731
Program Service Revenue $13,152,821
Investment Income $2,100
Other Revenue $1,339,846
TOTAL REVENUE $15,934,498

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,290,735
Fundraising Expenses $0
Program Expenses $14,145,029
Other Expenses $3,558,551
TOTAL EXPENSES $14,849,286

Year-over-Year Comparison

2024 2023 Change
Revenue $15,934,498 $14,315,490 +0.1%
Expenses $14,849,286 $14,590,463 +0.0%
Net Income $1,085,212 $-274,973 -4.9%
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
6
Independent Members
6
Employees
248
Volunteers
20

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
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF BACHELDER VICE CHAIRPE 0.50
Officer Director
$0 $0 $0
MATT BELL SECRETARY/TR 0.50
Officer Director
$0 $0 $0
JULIE BOCKOVER PARENT REP 0.50
Director
$0 $0 $0
AUSTIN LEAL BOARD MEMBER 0.50
Director
$0 $0 $0
MELISSA MOTIS CHAIRPERSON 0.50
Officer Director
$0 $0 $0
TROY SCHULZE BOARD MEMBER 0.50
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 $15,934,498 $14,849,286 $30,654,120 $1,085,212
2024 $14,315,490 $14,590,463 $17,237,072 $-274,973
2023 $11,505,825 $10,428,051 $16,307,117 $1,077,774
2022 $9,160,121 $8,211,490 $10,335,350 $948,631
2021 $8,207,224 $8,175,283 $9,468,732 $31,941
2020 $7,526,522 $7,460,041 $8,662,522 $66,481
2019 $6,340,028 $6,641,852 $6,406,831 $-301,824
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