Cleveland, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Village Preparatory School III, founded in 2016, is a community nonprofit in the Education sector that reported $9.0M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $10.5M exceeded revenue, resulting in a 17% operating deficit.
The School's mission is to seek to provide a high quality, academically rigorous education for the college bound scholars. The School empowers their scholars to think critically, assume social responsibility and serve as advocates for themselves and the community.
The School is defined by the highly school culture found in many of our nations top performing urban schools. The School focuses on reading and math instructions integrating technology, and features...
The School is defined by the highly school culture found in many of our nations top performing urban schools. The School focuses on reading and math instructions integrating technology, and features two teachers in each classroom. Teachers are passionate and committed, and every minute is used to the fullest. Although young, the scholars are held the high behavioral and academic standards, and understand that they attend school with college as their educational objectives. The School frequently assesses the students to determine with standards have been mastered with standards deserve review and remediation.
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 | $8,960,560 | $7,306,286 | +0.2% |
| Expenses | $10,501,883 | $9,464,061 | +0.1% |
| Net Income | $-1,541,323 | $-2,157,775 | -0.3% |
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 |
|---|---|---|---|---|---|---|
| Shartara Miller | Principal | 40 |
Key Emp
|
$82,994 | $0 | $82,994 |
| Aditi Garg | Board chair | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Michelle Harris | Secretary | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Reggie Novak | Finance chair | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Cecil Lipscomb | Board member | 0.50 |
Director
|
$0 | $0 | $0 |
| Grady Burrows | Board member | 0.50 |
Director
|
$0 | $0 | $0 |
| Aaliyah Miller | Principal | 40 |
Key Emp
|
$77,149 | $0 | $77,149 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $8,960,560 | $10,501,883 | $8,113,053 | $-1,541,323 |
| 2024 | $7,306,286 | $9,464,061 | $9,721,883 | $-2,157,775 |
| 2023 | $8,942,527 | $9,309,957 | $11,673,228 | $-367,430 |
| 2022 | $10,035,719 | $7,651,652 | $12,174,939 | $2,384,067 |
| 2021 | $6,611,992 | $7,417,669 | $5,157,049 | $-805,677 |
| 2020 | $5,407,059 | $6,156,037 | $4,413,088 | $-748,978 |
| 2019 | $4,193,805 | $4,203,561 | $3,347,663 | $-9,756 |
| 2018 | $4,919,664 | $4,545,309 | $2,501,377 | $374,355 |
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