ALPHARETTA, GA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MILL SPRINGS ACADEMY INC, founded in 1981, is a community nonprofit that reported $7.6M in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $8.9M exceeded revenue, resulting in a 17% operating deficit.
MILL SPRINGS ACADEMY IS A VALUE-BASED EDUCATIONAL COMMUNITY DEDICATED TO THE ACADEMIC, PHYSICAL AND SOCIAL GROWTH OF THOSE STUDENTS WHO HAVE NOT REALIZED THEIR FULL POTENTIAL IN TRADITIONAL CLASSROOM SETTINGS.
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 | $7,571,051 | $10,813,271 | -0.3% |
| Expenses | $8,861,969 | $10,379,100 | -0.1% |
| Net Income | $-1,290,918 | $434,171 | -4.0% |
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 |
|---|---|---|---|---|---|---|
| TRISH BOGDANCHIK | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT SLAYDEN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JOANE GOODROE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIC DAUPLAISE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| GEORGE OJANUGA | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CLIFF ROBINSON | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHRISTIAN BATESON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER CAMPBELL | CHAIRPERSON | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANDY BAYMAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| NADIA ROBINSON | DIRECTOR OF FINANCE | 40.00 |
Officer
|
$135,374 | $10,087 | $145,461 |
| TOM HAYS | HEAD OF SCHOOL | 40.00 |
Officer
|
$109,788 | $18,934 | $128,722 |
| ELKE D SILVA | DIRECTOR OF STUDENT PROGRAMING | 40.00 |
Highest
|
$108,750 | $3,354 | $112,104 |
| LAURIE S JONES | DIRECTOR OF STUDENT RECRUI | 40.00 |
Highest
|
$103,937 | $3,000 | $106,937 |
| DEBRA M ORR | EX-HEAD OF SCHOOL | 40.00 |
|
$147,488 | $0 | $147,488 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $7,571,051 | $8,861,969 | $14,822,097 | $-1,290,918 |
| 2024 | $10,813,271 | $10,379,100 | $16,702,998 | $434,171 |
| 2023 | $9,949,601 | $9,716,671 | $18,142,449 | $232,930 |
| 2022 | $9,431,848 | $9,023,169 | $16,599,148 | $408,679 |
| 2021 | $8,880,609 | $8,927,224 | $17,340,970 | $-46,615 |
| 2020 | $7,597,542 | $8,977,253 | $16,639,612 | $-1,379,711 |
| 2019 | $8,297,981 | $8,745,186 | $21,001,979 | $-447,205 |
| 2018 | $8,144,368 | $8,576,263 | $21,779,680 | $-431,895 |
Compare MILL SPRINGS ACADEMY INC with other nonprofits in Georgia and across the country.