BEducationEIN: 311038248· Ruling Year: 1982

Forest Ridge Academy Inc

Schererville, Indiana

A-Health Score
84A-

Financial Health Score

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

Very Good

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org1.66×
Peer Median20.77×
💰
$3.4M
Total Revenue
📊
$3.1M
Total Expenses
🏦
$5.2M
Net Assets
📋
$954K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-6.9%
Year-over-year change (2023 → 2024)
Net Margin
+8.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.66
Net assets divided by total expenses
Liabilities-to-Assets
15.6%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$3,401,9447%$3,112,06617%$6,127,80512%
2023$3,654,67750%$2,663,3769%$5,473,75529%
2022$2,436,85611%$2,447,8473%$4,243,9135%
2021$2,730,9714%$2,367,26917%$4,444,19315%
2020$2,842,5444%$2,851,6322%$3,877,0942%
2019$2,955,15714%$2,899,64813%$3,803,4778%
2018$2,597,8725%$2,566,4172%$3,516,9081%
2017$2,738,1466%$2,626,3365%$3,479,6605%
2016$2,584,7038%$2,510,8203%$3,324,6991%
2015$2,386,90715%$2,435,447$3,283,264
2014$2,807,4023%$2,445,7933%$3,292,8446%
2013$2,728,3376%$2,521,7754%$3,113,5508%
2012$2,577,399$2,430,3655%$2,885,6738%
2011$2,583,449$2,323,434$2,680,856

Frequently Asked Questions

What does Forest Ridge Academy Inc do?

Forest Ridge Academy Inc is a education nonprofit organization based in Indiana. It is classified under NTEE code B240 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Forest Ridge Academy Inc financially healthy?

Based on our 9-metric Financial Health Score model, Forest Ridge Academy Inc has a score of 84/100 (Grade: A-). 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 Forest Ridge Academy Inc generate?

Forest Ridge Academy Inc reports $4.2M in annual revenue and holds $6.8M in total assets, based on IRS filings.

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