MAYS LANDING, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)IDEAL EDUCATION A NJ NONPROFIT CORP, founded in 2012, is a community nonprofit in the Education sector that reported $3.2M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $2.9M left a modest 11% surplus.
Ideal Education DBA Ideal Institute of Technology is a 501 (c) 3 non-profit private career school that is licensed by the State of New Jersey Department of Education and the Department of Labor and Workforce Development. Ideal Education is fully accredited by the Middle States Association. Ideal Institute operates two campuses in Atlantic County, New Jersey. The main campus is headquartered at 4403 Black Horse Pike, Unit 2141, Mays Landing; and the second campus is located at 121-123 S. Main Street, Pleasantville. A future home for Ideal is underway at 1000 W. Washington Ave., Pleasantville. Ideal, founded by Dhiren and Mital Parikh, opened its doors in 2016 in Absecon, NJ. Since the service industry dominated Atlantic County, the founders wanted to bring technology and business programs to adults to help them find sustainable, high paying employment. Microsoft Office, Computer Programs, Web Development, and Entrepreneurship programs are among the most popular programs of study. Many a
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 | $3,237,976 | $3,502,264 | -0.1% |
| Expenses | $2,883,021 | $2,372,485 | +0.2% |
| Net Income | $354,955 | $1,129,779 | -0.7% |
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 |
|---|---|---|---|---|---|---|
| MITAL PARIKH | PRESIDENT | 10.00 |
Director
|
$0 | $0 | $0 |
| DHIREN PARIKH | PROGRAM DIRECTOR | 40.00 |
Director
|
$155,400 | $0 | $155,400 |
| CHIRAG PATEL | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| SUNNY BHARDWAJ | DIRECTOR | 10.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $3,237,976 | $2,883,021 | $9,468,315 | $354,955 |
| 2023 | $3,502,264 | $2,372,485 | $9,220,039 | $1,129,779 |
| 2022 | $2,091,921 | $1,795,177 | $8,530,726 | $296,744 |
| 2021 | $1,036,855 | $996,467 | $1,042,640 | $40,388 |
| 2020 | $927,897 | $925,566 | $1,193,130 | $2,331 |
| 2019 | $1,027,701 | $966,081 | $863,369 | $61,620 |
| 2018 | $550,767 | $520,034 | $686,080 | $30,733 |
Compare IDEAL EDUCATION A NJ NONPROFIT CORP with other nonprofits in New Jersey and across the country.