New Century Academy
Hutchinson, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Poor
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,215,453↓27% | $2,339,006↓17% | $1,262,578↓80% | — |
| 2022 | $3,025,339↑6% | $2,804,512↑2% | $6,229,646↑1% | — |
| 2021 | $2,858,746↑15% | $2,756,004↑12% | $6,186,985↑229% | — |
| 2020 | $2,483,142↓7% | $2,469,604 | $1,880,054↓15% | — |
| 2019 | $2,683,727↑16% | $2,458,862↑7% | $2,214,809↑6% | — |
| 2018 | $2,304,830↑5% | $2,288,920↑9% | $2,094,065↓1% | — |
| 2017 | $2,187,872↑12% | $2,098,347↑21% | $2,120,128↑167% | — |
| 2016 | $1,951,462↑10% | $1,734,438↓3% | $793,220↑85% | — |
| 2015 | $1,775,851↓6% | $1,785,480↓10% | $428,588↑20% | — |
| 2014 | $1,889,770 | $1,993,032↑8% | $356,123↓22% | — |
| 2013 | $1,880,860↑17% | $1,853,171↑11% | $457,328↓33% | — |
| 2012 | $1,604,316↑1% | $1,672,864↑6% | $685,332↑13% | — |
| 2011 | $1,591,791 | $1,573,469 | $608,050↑5% | — |
| 2010 | $1,599,401 | $1,574,137 | $577,044 | — |
Frequently Asked Questions
What does New Century Academy do?▼
New Century Academy is a education nonprofit organization based in Minnesota. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.
Is New Century Academy financially healthy?▼
Based on our 9-metric Financial Health Score model, New Century Academy has a score of 34/100 (Grade: D). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does New Century Academy generate?▼
New Century Academy reports $2.4M in annual revenue and holds $985K in total assets, based on IRS filings.