Lorain, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LORAIN PREPARATORY HIGH SCHOOL INC, founded in 2022, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2022. Expenses of $1.3M exceeded revenue, resulting in a 27% operating deficit.
LPHS is a public charter high school serving the Lorain community. We are an extension of the safe, accredited, and academically strong school system offered by ACCEL Schools' K-8 programs in Lorain and Elyria.
At Lorain Preparatory High School, we provide a standards-based curriculum that teaches students skills for college and career readiness. Our curriculum is built on the Ohio Learning Standards (OLS)...
At Lorain Preparatory High School, we provide a standards-based curriculum that teaches students skills for college and career readiness. Our curriculum is built on the Ohio Learning Standards (OLS) for English Language Arts, Mathematics, Science, Social Studies, Visual Arts, and Physical Education. We are a learning community that values high expectations for both academics and behavior. We are accredited by CogniaTM for meeting the highest standards of education in ongoing third-party review and support students with small class sizes and the extra attention and services they need to succeed in school.
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 | $1,050,319 | N/A | N/A |
| Expenses | $1,334,173 | N/A | N/A |
| Net Income | $-283,854 | $0 | N/A |
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 |
|---|---|---|---|---|---|---|
| Marcello Torres | Board Member | 1.00 |
Director
|
$1,250 | $0 | $1,250 |
| Rudolph Todd Kubasak | Board Member | 1 |
Director
|
$1,250 | $0 | $1,250 |
| David Arredondo | Board Member | 1.00 |
Director
|
$1,125 | $0 | $1,125 |
| Terrance Bivins | Board Member | 1 |
Director
|
$1,125 | $0 | $1,125 |
| Kimberly Bartlett | Board Member | 1.00 |
Director
|
$875 | $0 | $875 |
| 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 | $1,050,319 | $1,334,173 | $372,669 | $-283,854 |
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