TAWAS CITY, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ALT ED ACADEMY OF IOSCO COUNTY, founded in 2011, is a community nonprofit in the Education sector that reported $2.2M in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $436K, a strong 20% operating margin.
THE PRINCIPAL PURPOSE OF THE ACADEMY IS TO PROVIDE A BLENDED ONLINE LEARNING PATHWAY TO ACADEMIC SUCCESS FOR STUDENTS WHO HAVE DROPPED OUT OR BEEN EXPELLED FROM HIGH SCHOOL. THE BOARD OF THE ACADEMY SHALL CONTROL THE POLICIES OF THE SCHOOL AND SHALL FACILITATE ITS PROGRESS TOWARD GOALS ESTABLISHED BY THE BOARD IN FURTHERANCE OF THE ACADEMY'S PURPOSE. THE ACADEMY IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR EDUCATIONAL PURPOSES AS A PUBLIC SCHOOL ACADEMY, PURSUANT TO PART 6A OF THE SCHOOL CODE. THE ACADEMY SHALL BE A PUBLIC EDUCATIONAL INSTITUTION FOR INDIVIDUALS WHO RESIDE IN THE AUTHORIZING BODY'S CONSTITUENT LOCAL SCHOOL DISTRICT. ENROLLMENT IN THE ACADEMY MAY BE OPEN TO ALL INDIVIDUALS WHO RESIDE IN THIS STATE WHO MEET THE ADMISSION POLICY AND SHALL BE OPEN TO ALL PUPILS WHO RESIDE WITHIN THE GEOGRAPHIC BOUNDARIES OF THE IOSCO REGIONAL EDUCATIONAL SERVICE AGENCY (IRESA), SUBJECT TO TOTAL ENROLLMENT LIMITATIONS. THE ACADEMY SHALL BE NON-RELIGIOUS AND SHALL ACCEPT STUDENTS AND H
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 | $2,160,125 | $2,385,264 | -0.1% |
| Expenses | $1,724,621 | $1,637,485 | +0.1% |
| Net Income | $435,504 | $747,779 | -0.4% |
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 |
|---|---|---|---|---|---|---|
| TINA WILLIAMS | PROGRAM DIRE | 40.00 |
Director
|
$57,922 | $0 | $57,922 |
| MARK BERDAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL EHINGER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN KLINGER | SECRETARY/TR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SCOTT MOORE | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JEFF YORKE | VICE PRESIDE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $2,160,125 | $1,724,621 | $3,797,827 | $435,504 |
| 2023 | $2,385,264 | $1,637,485 | $3,178,737 | $747,779 |
| 2022 | $1,689,851 | $1,351,235 | $2,378,775 | $338,616 |
| 2021 | $1,665,563 | $1,194,458 | $2,021,362 | $471,105 |
| 2020 | $1,259,555 | $1,028,102 | $1,613,353 | $231,453 |
| 2019 | $1,079,795 | $931,408 | $1,402,292 | $148,387 |
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