DURHAM, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)DURHAM ACADEMY INC, founded in 1961, is a mid-sized nonprofit in the Education sector that reported $45.3M in total revenue in fiscal year 2023. Expenses of $43.7M left a modest 4% surplus.
THE PURPOSE OF DURHAM ACADEMY IS TO PROVIDE EACH STUDENT AN EDUCATION THAT WILL ENABLE HIM OR HER TO LIVE A MORAL, HAPPY AND PRODUCTIVE LIFE. THE DEVELOPMENT OF INTELLECT IS CENTRAL TO SUCH A LIFE AND, THUS, INTELLECTUAL ENDEAVOR AND GROWTH ARE THE PRIMARY WORK OF THE SCHOOL. THE ACQUISITION OF KNOWLEDGE; THE DEVELOPMENT OF SKILLS, CRITICAL JUDGMENT AND INTELLECTUAL CURIOSITY; AND INCREASED UNDERSTANDING ARE THE GOALS OF THE SCHOOL'S ACADEMIC PROGRAM.
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 | $45,313,783 | $42,593,002 | +0.1% |
| Expenses | $43,727,162 | $39,825,185 | +0.1% |
| Net Income | $1,586,621 | $2,767,817 | -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 |
|---|---|---|---|---|---|---|
| MEREDITH HOWELL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| EDWIN POSTON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID PETERS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JILL MOORE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DELORES MOORE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RANDY GELBER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KATE KNUTSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| NINA KING | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANNA WU | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SELENA KEEGAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER BULLOCK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAN GONZALEZ | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BRYAN BRANDER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ASHLEY FREEDMAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BEN EDWARDS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDY CRAWFORD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| AARON CHATTERJI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| HOBSON HOGAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PAUL CASEY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BRYAN BATCH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMIE SPATOLA | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHRISTIAN LUNDBLAD | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MELISSA PFEIL | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| DEBBIE DIBBERT | VICE CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ASHLEY YETMAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL ULKU-STEINER | EX OFFICIO DURHAM ACADEMY HEAD OF SCHOOL | 40.00 |
Officer
|
$759,726 | $33,792 | $793,518 |
| KRISTEN KLEIN | ASSOCIATE HEAD OF SCHOOL | 40.00 |
Officer
|
$214,703 | $21,488 | $236,191 |
| ADAM BRAUDE | CHIEF FINANCIAL OPERATIONS OFFICER | 40.00 |
Officer
|
$126,392 | $5,358 | $131,750 |
| VICTORIA MURADI | DIRECTOR OF STRATEGIC INIT | 40.00 |
Key Emp
|
$186,813 | $21,537 | $208,350 |
| JONATHAN M MEREDITH | DIRECTOR OF MIDDLE SCHOOL | 40.00 |
Key Emp
|
$171,914 | $22,228 | $194,142 |
| GERALD BENSON | DIRECTOR OF BUSINESS SERVICES | 40.00 |
Key Emp
|
$167,280 | $16,360 | $183,640 |
| LANIS WILSON | DIRECTOR OF UPPER SCHOOL | 40.00 |
Key Emp
|
$166,490 | $20,662 | $187,152 |
| MICHAEL SMITH | DIRECTOR OF FACILITIES SER | 40.00 |
Key Emp
|
$164,535 | $20,516 | $185,051 |
| CAROLINE RONCO | DIRECTOR OF LOWER SCHOOL | 40.00 |
Key Emp
|
$161,450 | $20,372 | $181,822 |
| KEMI NONEZ | DIRECTOR OF ENROLLMENT MAN | 40.00 |
Key Emp
|
$155,654 | $19,870 | $175,524 |
| CHRIS FARR | DIRECTOR OF PHILANTHROPY | 40.00 |
Highest
|
$153,750 | $5,125 | $158,875 |
| TREVOR HOYT | DIRECTOR OF TECHNOLOGY | 40.00 |
Highest
|
$133,801 | $20,803 | $154,604 |
| ANDREW POGACH | DIRECTOR OF ATHLETICS | 40.00 |
Highest
|
$131,805 | $17,436 | $149,241 |
| JASON MUNDY | DIRECTOR OF DIVERSITY,EQUITY, INCLUSION | 40.00 |
Highest
|
$128,262 | $14,001 | $142,263 |
| KARL SCHAEFER | MS STEAM TEACHER | 40.00 |
Highest
|
$126,203 | $9,465 | $135,668 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $45,313,783 | $43,727,162 | $118,260,431 | $1,586,621 |
| 2023 | $42,593,002 | $39,825,185 | $116,101,697 | $2,767,817 |
| 2022 | $40,893,092 | $36,185,687 | $112,409,131 | $4,707,405 |
| 2021 | $38,768,231 | $34,739,105 | $115,235,784 | $4,029,126 |
| 2020 | $40,988,870 | $33,983,779 | $98,742,935 | $7,005,091 |
| 2019 | $44,370,418 | $33,132,390 | $92,328,113 | $11,238,028 |
| 2018 | $31,294,235 | $28,855,439 | $69,800,669 | $2,438,796 |
Compare DURHAM ACADEMY INC with other nonprofits in North Carolina and across the country.