Catasauqua, PA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Innovative Arts Academy Charter School, founded in 2016, is a mid-sized nonprofit in the Education sector that reported $13.1M in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.3M, a strong 33% operating margin.
Innovative Arts Academy Charter School believes that the arts encourage the kind of creative and critical thinking that allows children to succeed in other academic work. The vision of the school is focused on
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 | $13,144,854 | $9,589,274 | +0.4% |
| Expenses | $8,852,594 | $9,039,520 | 0.0% |
| Net Income | $4,292,260 | $549,754 | +6.8% |
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 |
|---|---|---|---|---|---|---|
| David Rank | President | 1.00 |
Director
|
$0 | $0 | $0 |
| Rob Sirmans | Treasurer | 1.00 |
Director
|
$0 | $0 | $0 |
| Dan Schmidt | Secretary | 1.00 |
Director
|
$0 | $0 | $0 |
| Bob Susko | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Jason Nagle | TRustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Brad Schifko | CEO | 40.00 |
Key Emp
Highest
|
$129,279 | $0 | $129,279 |
| Erik Malmberg | Director of Technology | 40.00 |
Highest
|
$125,701 | $0 | $125,701 |
| Rocco Seiler | Chief Operations Officer | 40.00 |
Highest
|
$125,953 | $0 | $125,953 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $13,144,854 | $8,852,594 | $8,140,479 | $4,292,260 |
| 2023 | $9,589,274 | $9,039,520 | $19,995,952 | $549,754 |
| 2022 | $9,401,988 | $8,260,138 | $19,753,415 | $1,141,850 |
| 2021 | $8,334,519 | $7,062,283 | $4,716,894 | $1,272,236 |
| 2020 | $7,742,659 | $6,637,258 | $3,426,431 | $1,105,401 |
| 2019 | $7,811,127 | $6,868,259 | $2,418,888 | $942,868 |
| 2018 | $5,301,076 | $4,342,672 | $1,291,299 | $958,404 |
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