Rochester, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Rochester Academy Charter School, founded in 2008, is a mid-sized nonprofit in the Education sector that reported $13.8M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year.
The mission of the Rochester Academy Charter School(RACS) is to prepare the whole child for a rapidly changingworld by cultivating the knowledge, critical thinking skills andpersonal character to succeed in college or a career of choice. RACS is committed to creating an environment of respect andinclusion that both acknowledges and supports the diversity ofthe RACS school community.
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 | $13,804,032 | $16,308,474 | -0.2% |
| Expenses | $13,815,142 | $13,426,820 | +0.0% |
| Net Income | $-11,110 | $2,881,654 | -1.0% |
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 |
|---|---|---|---|---|---|---|
| Dr William Middleton | President | 1.30 |
Officer
Director
|
$0 | $0 | $0 |
| Joann Santos | Vice Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| D Jean Calder | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Cheryl Sampson | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Saliha Al | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Gerald Tillery | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Thalia Wright | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Mehmet Demirtas | Director/CEO | 40.00 |
Officer
|
$128,954 | $39,412 | $168,366 |
| Demir Ozcan | Business Administrator | 40.00 |
Officer
|
$112,106 | $37,738 | $149,844 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $13,804,032 | $13,815,142 | $19,768,098 | $-11,110 |
| 2024 | $16,308,474 | $13,426,820 | $19,394,021 | $2,881,654 |
| 2023 | $15,087,377 | $12,923,404 | $19,450,095 | $2,163,973 |
| 2022 | $13,951,799 | $10,971,022 | $14,926,411 | $2,980,777 |
| 2021 | $12,589,969 | $8,917,621 | $11,365,356 | $3,672,348 |
| 2020 | $9,823,638 | $8,061,794 | $7,887,509 | $1,761,844 |
| 2019 | $8,261,461 | $7,204,054 | $5,057,356 | $1,057,407 |
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