JOHNSON CITY, TN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PROVIDENCE ACADEMY, founded in 1994, is a community nonprofit in the Education sector that reported $8.2M in total revenue in fiscal year 2022. Revenue decreased 18% compared to the prior year. Expenses of $7.2M left a modest 12% surplus.
PROVIDENCE ACADEMY PARTNERS WITH PARENTS TO EQUIP STUDENTS TO DEVELOP SPIRITUAL MATURITY AND ACHIEVE ACADEMIC EXCELLENCE THROUGH A BIBLICALLY-BASED, CHRIST-CENTERED, CLASSICAL EDUCATION, SO THEY WILL THINK AND LIVE IN A MANNER WHICH BRINGS GLORY TO GOD.
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)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $8,216,454 | $10,009,761 | -0.2% |
| Expenses | $7,247,833 | $6,365,442 | +0.1% |
| Net Income | $968,621 | $3,644,319 | -0.7% |
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 |
|---|---|---|---|---|---|---|
| MORRIS HENARD | EX-OFFICIO | 1.00 |
Director
|
$0 | $0 | $0 |
| BJ SMITH | CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| EARLE CHUTE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARK HECHT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSH PUHR | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ALISA VANCOTT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MATT JONES | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| WAYNE TURBYFIELD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| REX GARRISON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSHUA HICKS | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BEN HOLLAND | HEAD OF SCHOOL | 40.00 |
Officer
|
$123,097 | $8,074 | $131,171 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $8,216,454 | $7,247,833 | $19,938,375 | $968,621 |
| 2022 | $10,009,761 | $6,365,442 | $17,103,088 | $3,644,319 |
| 2021 | $5,540,745 | $5,260,163 | $13,298,230 | $280,582 |
| 2020 | $5,088,712 | $4,395,226 | $9,804,139 | $693,486 |
| 2019 | $4,082,248 | $4,110,180 | $9,401,441 | $-27,932 |
| 2018 | $3,971,265 | $3,981,274 | $9,668,588 | $-10,009 |
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