BEducationEIN: 223493409· Ruling Year: 2020

Unity Charter School

Morristown, New Jersey

B-Health Score
45B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-0.06×
Peer Median20.77×
💰
$5.8M
Total Revenue
📊
$6.5M
Total Expenses
🏦
-$357K
Net Assets
📋
$2.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.2%
Year-over-year change (2022 → 2023)
Net Margin
-11.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.06
Net assets divided by total expenses
Liabilities-to-Assets
114.7%
Total liabilities as % of total assets

Filing History

6 filings on record
YearRevenueExpensesAssets
2023$5,807,0424%$6,467,58013%$2,423,82421%
2022$5,573,92414%$5,735,87725%$3,074,54165%
2021$4,878,1793%$4,579,1171%$1,861,58062%
2020$4,753,3671%$4,623,0055%$1,151,25034%
2019$4,700,7118%$4,401,7913%$858,73428%
2018$4,364,989$4,285,766$669,903

Frequently Asked Questions

What does Unity Charter School do?

Unity Charter School is a education nonprofit organization based in New Jersey. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Unity Charter School financially healthy?

Based on our 9-metric Financial Health Score model, Unity Charter School has a score of 45/100 (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 Unity Charter School generate?

Unity Charter School reports $6.8M in annual revenue and holds $1.8M in total assets, based on IRS filings.

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