Davidsonville, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NEW VILLAGE ACADEMY PUBLIC CHARTER SCHOOL INC, founded in 2022, is a small nonprofit in the Education sector that reported $611K in total revenue in fiscal year 2023. Revenue surged 2955% from the prior year, signaling strong growth momentum. Expenses of $542K left a modest 11% surplus.
New Village Academy ensures every student is known, connected, empowered, and accountable so that they will have the will and the skill to take charge of their own educational future, using Annapolis as their classroom.
FACILITY IDENTIFICATION, DESIGN, SECURING AND CONSTRUCTION New Village Academy program for FY24 is the work of launching the new school. First and foremost is the work of securing a facility for the...
FACILITY IDENTIFICATION, DESIGN, SECURING AND CONSTRUCTION New Village Academy program for FY24 is the work of launching the new school. First and foremost is the work of securing a facility for the school to operate. This work involved a comprehensive search for locations, negotiating leases (for multiple possible locations), and designing and constructing a facility ideally suited to our educational program. We were able to identify and design and permit construction work for a space at Annapolis Mall. However, the Mall's ownership changed hands shortly before the lease was finalized, forcing us to delay opening for a year while we determined if the new owner would be amenable to renegotiating the lease with NVA.
STUDENT-FAMILY AND STAFF RECRUITMENT: New Village Academy recruited over 200 student applicants for the AACPS lottery process and had offered seats to 150 students (75 of whom had enrolled) before we...
STUDENT-FAMILY AND STAFF RECRUITMENT: New Village Academy recruited over 200 student applicants for the AACPS lottery process and had offered seats to 150 students (75 of whom had enrolled) before we made the decision to postpone opening. We had also recruited and interviewed staff and made 4 hires before our postponement. We also worked to take care of families and staff impacted by the delay, ensuring they were appropriately placed in other AACPS schools.
EDUCATIONAL PROGRAM DEVELOPMENT: Our educational program is highly innovative and unique both in design and in its place-based, local curriculum and community partnerships. We partnered strategically...
EDUCATIONAL PROGRAM DEVELOPMENT: Our educational program is highly innovative and unique both in design and in its place-based, local curriculum and community partnerships. We partnered strategically with national organizations to design our competency-based assessment structures, our internship program, and our self-paced instructional framework. We also developed partnerships with over 20 local organizations and businesses to host student internships, serve as professional experts for project-based learning curriculum, and provide wraparound services.
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 | $610,932 | $20,000 | +29.5% |
| Expenses | $542,253 | $2,377 | +227.1% |
| Net Income | $68,679 | $17,623 | +2.9% |
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 |
|---|---|---|---|---|---|---|
| Anne Romeyn Pittman | Head of School (Executive Director) | 40 |
Key Emp
Highest
|
$80,000 | $0 | $115,931 |
| Darius A Stanton | President, Board of Directors | 5 |
Officer
Director
|
$0 | $0 | $0 |
| Monica Lindsey | Vice President, Board of Directors | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Jonathan McKetney | Treasurer, Board of Directors | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Choyce Simmons | Secretary, Board of Directors | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Shauna Battle | Member, Board of Directors | 1 |
Director
|
$0 | $0 | $0 |
| Karen Johnson | Member, Board of Directors | 1 |
Director
|
$0 | $0 | $0 |
| Morgan Stroud | Member, Board of Directors | 1 |
Director
|
$0 | $0 | $0 |
| Laura Gutierrez | Member, Board of Directors | 1 |
Director
|
$0 | $0 | $0 |
| Sergio Polanco | Member, Board of Directors | 1 |
Director
|
$0 | $0 | $0 |
| Martha Blaxall | Member, Board of Directors | 1 |
Director
|
$0 | $0 | $0 |
| Mari Fernandez | Member, Board of Directors | 1 |
Director
|
$0 | $0 | $0 |
| Rotunda Floyd Cooper | Member, Board of Directors | 1 |
Director
|
$0 | $0 | $0 |
| Emmanuel Fernandez | Member, Board of Directors | 1 |
Director
|
$0 | $0 | $0 |
| Marcus Jones | Member, Board of Directors | 1 |
Director
|
$0 | $0 | $0 |
| Haley Waltner | Member, Board of Directors | 1 |
Director
|
$0 | $0 | $0 |
| Nikayah Lewis | Member, Board of Directors | 1 |
Director
|
$0 | $0 | $0 |
| Linda Boyd | Member, Board of Directors | 1 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $610,932 | $542,253 | $90,417 | $68,679 |
| 2024 | $610,932 | $542,253 | $90,417 | $68,679 |
Compare NEW VILLAGE ACADEMY PUBLIC CHARTER SCHOOL INC with other nonprofits in Maryland and across the country.