MEMPHIS, TN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BELIEVE MEMPHIS ACADEMY INC, founded in 2017, is a community nonprofit in the Education sector that reported $7.2M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $6.8M left a modest 5% surplus.
BELIEVE MEMPHIS ACADEMY CHARTER SCHOOL PREPARES SCHOLARS IN GRADES K-8 WITH THE ACADEMIC RIGOR, ROBUST SUPPORTS, AND LEADERSHIP DEVELOPMENT NECESSARY TO EXCEL IN HIGH SCHOOL, THRIVE IN COLLEGE, AND LEAD LIVES FULL OF OPPORTUNITY.
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 | $7,152,766 | $5,833,604 | +0.2% |
| Expenses | $6,789,493 | $6,436,917 | +0.1% |
| Net Income | $363,273 | $-603,313 | -1.6% |
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 |
|---|---|---|---|---|---|---|
| ALICIA NORMAN | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRAD MORITZ | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| EVAN STEPHENS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| FLORENCE JONES | VICE-CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JONATHAN TORRES | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL MASON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DIANE REED | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JEREMY TURNER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN BUFORD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JAZMIN CAUSEY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| EMILY EBER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MATT COWAN | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$127,265 | $0 | $127,265 |
| KENNY GREEN | DIRECTOR OF FINANCE & OPER | 40.00 |
Officer
|
$88,955 | $0 | $88,955 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $7,152,766 | $6,789,493 | $7,851,699 | $363,273 |
| 2024 | $5,833,604 | $6,436,917 | $7,697,196 | $-603,313 |
| 2023 | $5,157,559 | $5,597,797 | $8,390,818 | $-440,238 |
| 2022 | $8,064,736 | $6,375,493 | $9,476,795 | $1,689,243 |
| 2021 | $5,873,256 | $4,182,497 | $2,457,072 | $1,690,759 |
| 2020 | $3,210,971 | $3,365,621 | $1,357,198 | $-154,650 |
| 2019 | $2,935,023 | $2,693,925 | $812,941 | $241,098 |
Compare BELIEVE MEMPHIS ACADEMY INC with other nonprofits in Tennessee and across the country.