DAYTON, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)RICHARD ALLEN PREPARATORY ACADEMY, founded in 1999, is a community nonprofit in the Education sector that reported $6.9M in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $7.6M exceeded revenue, resulting in a 11% operating deficit.
RICHARD ALLEN SCHOOLS ARE COMMITTED TO EDUCATING STUDENTS IN THE SPIRIT OF THE LIFE OF THE COURAGEOUS LEADER, BISHOP RICHARD ALLEN. CONSEQUENTLY, INTEGRAL TO THEIR INTELLECTUAL, MORAL, AND SOCIAL DEVELOPMENT, RICHARD ALLEN GRADUATES: DEMONSTRATE ACADEMIC PROFICIENCY, DEMONSTRATE SELF-DISCIPLINE AND SELF-RELIANCE, RESPECT THE WORTH AND DIGNITY OF SELF AND OTHERS, EMBRACE RESPONSIBILITY, ACTIVE CITIZENRY, SERVE OTHERS: ESPECIALLY THE DISADVANTAGED, AND WORK TO ACHIEVE THEIR FULL POTENTIAL.
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 | $6,885,451 | $8,826,609 | -0.2% |
| Expenses | $7,617,172 | $7,788,881 | 0.0% |
| Net Income | $-731,721 | $1,037,728 | -1.7% |
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 |
|---|---|---|---|---|---|---|
| LAURIE QUILL | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CONNIE MELSON | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| COREY LYNN PATTON | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SANDRA KIDD | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RHINE MCLIN | PRESIDENT | 1.00 |
Director
|
$0 | $0 | $0 |
| TODD JOHNSON | TREASURER | 10.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $6,885,451 | $7,617,172 | $5,343,979 | $-731,721 |
| 2024 | No data | No data | No data | No data |
| 2023 | $6,567,570 | $6,330,776 | $5,407,212 | $236,794 |
| 2022 | $5,759,093 | $5,632,867 | $4,965,705 | $126,226 |
| 2021 | $6,003,196 | $5,097,236 | $2,726,410 | $905,960 |
| 2020 | $4,612,430 | $4,464,833 | $1,796,635 | $147,597 |
| 2019 | $4,344,777 | $4,426,144 | $1,700,318 | $-81,367 |
| 2018 | $4,345,193 | $4,656,026 | $2,077,481 | $-310,833 |
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