ROCKY MOUNT, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ROCKY MOUNT ACADEMY, founded in 1968, is a mid-sized nonprofit in the Education sector that reported $11.0M in total revenue in fiscal year 2024. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.3M, a strong 21% operating margin.
ROCKY MOUNT ACADEMY IS AN INDEPENDENT SCHOOL WITH THE MISSION TO PREPARE ITS STUDENTS FOR THE CHALLENGES, OPPORTUNITIES AND RESPONSIBILITIES THAT THEY WILL ENCOUNTER IN LIFE AND COLLEGE.
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 | $10,971,896 | $7,254,637 | +0.5% |
| Expenses | $8,688,627 | $7,315,088 | +0.2% |
| Net Income | $2,283,269 | $-60,451 | -38.8% |
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 |
|---|---|---|---|---|---|---|
| LESLIE PASZEK | CHAIRMAN | 2.00 |
Director
|
$0 | $0 | $0 |
| WILLIAM ROEDER | VICE CHAIRMAN | 2.00 |
Director
|
$0 | $0 | $0 |
| SARAH DIXON | SECRETARY | 2.00 |
Director
|
$0 | $0 | $0 |
| BRICE ANDRACCHIO | TREASURER | 2.00 |
Director
|
$0 | $0 | $0 |
| TREY THORNE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| BRUCE BERRY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVEN CALHOUN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSIE DAVIS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| EVAN DUFF | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| SHARON EDWARDS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| KATHERINE FISHER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| THERESA GILMORE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MEARS PITT | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MATTHEW REAMS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| HOWARD STEVENS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| BRICE ANDRACCHIO | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| BETH COVOLO | HEADMASTER | 40.00 |
Officer
|
$216,655 | $0 | $216,655 |
| PATSY BRADLEY | FORMER FINANCE OFFICER | 40.00 |
|
$109,970 | $0 | $109,970 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $10,971,896 | $8,688,627 | $10,299,596 | $2,283,269 |
| 2024 | $7,254,637 | $7,315,088 | $7,671,943 | $-60,451 |
| 2023 | $6,533,116 | $6,493,256 | $7,805,713 | $39,860 |
| 2022 | $7,236,904 | $7,254,804 | $7,682,754 | $-17,900 |
| 2021 | $6,840,196 | $6,425,124 | $8,086,918 | $415,072 |
| 2020 | $6,096,066 | $6,443,061 | $7,945,381 | $-346,995 |
| 2018 | $6,855,901 | $5,902,846 | $8,517,810 | $953,055 |
Compare ROCKY MOUNT ACADEMY with other nonprofits in North Carolina and across the country.