SARASOTA, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SARASOTA MILITARY ACADEMY INC, founded in 2002, is a mid-sized nonprofit in the Education sector that reported $13.4M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.
sarasota military academy is a high school for grades 9-12 and a middle school for grades 6-8. it is a not-for-profit organization that provides classes meeting the florida state instructional curriculum requirements for a high school. all high school students are required to enroll in jrotc classes and wear the u.s. army uniform. in addition to offering all state-mandated courses, classes in fencing, ham radio, show chorus, band and choir are also available. exceptional educational classes are offered as appropriate. participation in extracurricular activities is expected and includes teams in drill and raiders. we are also a member of the florida high school athletics association and have activities in golf, baseball, soccer, basketball, volleyball, cross country, track and wrestling. we are an army cadet command 'honor unit with distinction', and fully accredited with the southern association of colleges and schools/advanced. all middle school students are required to participate in
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 | $13,449,547 | $14,232,519 | -0.1% |
| Expenses | $13,060,894 | $13,788,209 | -0.1% |
| Net Income | $388,653 | $444,310 | -0.1% |
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 |
|---|---|---|---|---|---|---|
| MS CHRISTINA BOWMAN | HEAD OF SCHOOL | 50.00 |
|
$175,752 | $23,180 | $198,932 |
| MR STEPHEN KOK | DIRECTOR OF FINANCE | 50.00 |
|
$151,817 | $29,823 | $181,640 |
| MR TOM VARA | HEAD OF SCHOOL PREP | 50.00 |
|
$131,223 | $16,443 | $147,666 |
| MS CHERYL KORWIN | HEAD OF SCHOOL PREP | 50.00 |
|
$94,910 | $22,345 | $117,255 |
| DR THOMAS J MCELHENY | Chairman | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| MS ERICA GREGORY | VICE CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MR PETER SKOKOS ESQ | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| COL BEN KNISELY | Secretary | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| MR BRENT BOGART | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| MS HEATHER KOESTER | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| MS CARLOS MOREIRA | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| MR JERRY NEFF | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| MS MICHAEL TOLLERTON | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| MR RON SKIPPER | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| MR SCOTT LEMPE | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| MR RICHARD SWOOPE | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $13,449,547 | $13,060,894 | $20,846,969 | $388,653 |
| 2024 | $14,232,519 | $13,788,209 | $20,872,944 | $444,310 |
| 2023 | $14,045,908 | $13,666,329 | $21,115,288 | $379,579 |
| 2022 | $13,409,207 | $13,349,800 | $20,925,288 | $59,407 |
| 2021 | $14,952,313 | $13,208,183 | $22,680,421 | $1,744,130 |
| 2020 | $12,944,388 | $12,932,430 | $24,040,084 | $11,958 |
| 2019 | $13,559,406 | $14,173,845 | $23,745,088 | $-614,439 |
| 2018 | $15,045,487 | $14,361,503 | $25,744,386 | $683,984 |
Compare SARASOTA MILITARY ACADEMY INC with other nonprofits in Florida and across the country.