Castle Rock, CO
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SUMMIT HOMESCHOOL ACADEMY, founded in 2022, is a small nonprofit in the Education sector that reported $502K in total revenue in fiscal year 2023. The organization ran a surplus of $147K, a strong 29% operating margin.
Summit Homeschool Academy is a classical, co-laboring, academic enrichment program. Our mission is to serve homeschool families by providing a plug-and-play program. We are committed to delivering a classical education, which values moral character and wonder in learning. We are also committed to developing local friendships, a rich parent community and supporting education freedom. Our vision is to equip families with the resources they need, to choose homeschool and instill their own worldview into their child's mind, heart and life... Our core virtues are adopted from the principals of natural law as found in the teachings of Dr. Martin Luther King Jr: Freedom, Perseverance, Hope, Justice, Conscience (This is a drop-off program, where parents co-labor with teachers by teaching at-home lessons or supporting homework. We pace the program to deliver a year of lessons in 32 weeks.)
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $502,429 | N/A | N/A |
| Expenses | $355,913 | N/A | N/A |
| Net Income | $146,516 | $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 |
|---|---|---|---|---|---|---|
| Richelle McKim | Director | 40 |
Officer
|
$59,689 | $0 | $59,689 |
| Marilyn Mercer | Teacher of Record | 20 |
Key Emp
|
$25,915 | $0 | $25,915 |
| Bill Cadman | Board President | 5 |
Director
|
$0 | $0 | $0 |
| Toni Smith | Board Treasurer | 5 |
Director
|
$0 | $0 | $0 |
| Emilie Scheid | Board Secretary | 5 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $502,429 | $355,913 | $176,066 | $146,516 |
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