Caravel Academy Inc
Bear, Delaware
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 73 peers in Education with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $11,340,547↑8% | $10,820,072↑3% | $15,888,758↑10% | — |
| 2022 | $10,540,566↓10% | $10,523,627↑7% | $14,425,391↓5% | — |
| 2021 | $11,726,062↑19% | $9,838,068↓3% | $15,134,520↓1% | — |
| 2020 | $9,885,781↓3% | $10,157,612↓1% | $15,275,543↑5% | — |
| 2019 | $10,147,667↑4% | $10,215,992↑4% | $14,575,988↑9% | — |
| 2018 | $9,771,594↓2% | $9,869,327↑3% | $13,371,854↓3% | — |
| 2017 | $9,937,320 | $9,580,396↓2% | $13,739,132↑4% | — |
| 2016 | $9,969,699↓1% | $9,758,455↑3% | $13,213,700↑4% | — |
| 2015 | $10,026,828↑2% | $9,480,950↓2% | $12,698,155↓3% | — |
| 2014 | $9,868,509↑4% | $9,637,089↑4% | $13,139,143 | — |
| 2013 | $9,499,599↑6% | $9,253,227↑7% | $13,177,180↓1% | — |
| 2012 | $8,974,996↑3% | $8,668,337↑7% | $13,326,315↓2% | — |
| 2011 | $8,717,088 | $8,075,637 | $13,625,636 | — |
Frequently Asked Questions
What does Caravel Academy Inc do?▼
Caravel Academy Inc is a education nonprofit organization based in Delaware. It is classified under NTEE code B200 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Caravel Academy Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Caravel Academy Inc has a score of 71/100 (Grade: B+). 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 Caravel Academy Inc generate?▼
Caravel Academy Inc reports $12.3M in annual revenue and holds $17.5M in total assets, based on IRS filings.