First Academy Inc
Bloomfield, Connecticut
CHealth Score
43C
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Below Average
๐ฐ
$575K
Total Revenue
๐
$604K
Total Expenses
๐ฆ
-$116K
Net Assets
๐
$189K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-6.3%
Year-over-year change (2021 โ 2022)
Net Margin
-5.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.19
Net assets divided by total expenses
Liabilities-to-Assets
258.1%
Total liabilities as % of total assets
Filing History
6 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2022 | $574,676โ6% | $604,072โ10% | $73,284โ72% | |
| 2021 | $613,567โ48% | $551,296โ17% | $262,428โ21% | โ |
| 2020 | $413,978โ23% | $471,947โ12% | $216,761โ166% | โ |
| 2019 | $537,626โ34% | $535,328โ31% | $81,523โ266% | โ |
| 2018 | $400,850โ373% | $409,196โ284% | $22,249โ197% | โ |
| 2017 | $84,729 | $106,563 | $7,483 | โ |
Frequently Asked Questions
What does First Academy Inc do?โผ
First Academy Inc is a education nonprofit organization based in Connecticut. It is classified under NTEE code B21 and is registered as a 501(c) tax-exempt organization with the IRS.
Is First Academy Inc financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for First Academy Inc.
How much revenue does First Academy Inc generate?โผ
First Academy Inc reports $895K in annual revenue and holds $435K in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Education category, or browse all nonprofits in Connecticut.