Ridgecrest, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Ridgecrest Charter School DBA REALMS, founded in 2001, is a community nonprofit in the Education sector that reported $3.0M in total revenue in fiscal year 2023. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $4.4M exceeded revenue, resulting in a 49% operating deficit.
To provide an experience-centered, life-long learner based environment that enables each student to meet the academic challenges and develop the social, emotional, and physical understanding necessary to succeed in life.
REALMS is a free TK-6th grade public charter school, serving the educational needs of students in and around the area of Ridgecrest, California. REALMS holds the belief that all students have the...
REALMS is a free TK-6th grade public charter school, serving the educational needs of students in and around the area of Ridgecrest, California. REALMS holds the belief that all students have the capacity to learn and grow in an environment conducive to their needs. All students receive instruction in STEM and music education in addition to grade level core curriculum content. REALMS provides a rigorous educational program that emphasizes the development of basic skills such as reading, writing, speaking, computation, and development of problem-solving skills with a global perspective. REALMS serves approximately 180 students for 180 instructional days.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $2,973,246 | $4,132,055 | -0.3% |
| Expenses | $4,444,121 | $4,032,440 | +0.1% |
| Net Income | $-1,470,875 | $99,615 | -15.8% |
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 |
|---|---|---|---|---|---|---|
| Don Beene | Superintendent | 40.00 |
Officer
|
$127,025 | $0 | $127,025 |
| Patrick Traynor | C.E.O | 40.00 |
|
$121,362 | $0 | $121,362 |
| Elsa Hennings | President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Travis Reed | Vice President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| David Eriksen | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Ernest Unruh | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Sam Garvin | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $2,973,246 | $4,444,121 | $3,573,722 | $-1,470,875 |
| 2023 | $4,132,055 | $4,032,440 | $5,135,958 | $99,615 |
| 2022 | $2,670,517 | $3,244,562 | $4,568,612 | $-574,045 |
| 2021 | $3,927,825 | $2,714,120 | $5,032,140 | $1,213,705 |
| 2020 | $3,105,008 | $3,664,302 | $4,243,540 | $-559,294 |
| 2018 | $5,657,138 | $4,330,818 | $5,719,050 | $1,326,320 |
Compare Ridgecrest Charter School DBA REALMS with other nonprofits in California and across the country.