BEducationEIN: 311614310· Ruling Year: 1999

Midland Academy Charter School Inc

Midland, Texas

B-Health Score
49B-

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 Org1.43×
Peer Median20.77×
💰
$3.9M
Total Revenue
📊
$3.9M
Total Expenses
🏦
$5.6M
Net Assets
📋
$759K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-6.3%
Year-over-year change (2022 → 2023)
Net Margin
-0.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.43
Net assets divided by total expenses
Liabilities-to-Assets
12.0%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$3,887,1666%$3,893,9308%$6,319,8268%
2022$4,150,3764%$3,614,8254%$5,855,12510%
2021$4,333,99518%$3,778,4361%$5,322,0722%
2020$3,671,5719%$3,729,9611%$5,417,74411%
2019$4,045,3033%$3,786,5322%$4,872,5903%
2018$3,912,7873%$3,699,2721%$5,014,2166%
2017$3,794,1642%$3,680,1461%$4,717,824
2016$3,855,8071%$3,642,4671%$4,708,0162%
2015$3,815,0517%$3,591,8526%$4,618,1272%
2014$4,094,4772%$3,803,2212%$4,534,8785%
2013$4,195,5227%$3,739,8853%$4,339,5649%
2012$4,511,9607%$3,854,5902%$3,983,53013%
2011$4,856,7292%$3,941,4741%$3,512,79521%
2010$4,768,317$3,963,106$2,901,834

Frequently Asked Questions

What does Midland Academy Charter School Inc do?

Midland Academy Charter School Inc is a education nonprofit organization based in Texas. It is classified under NTEE code B20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Midland Academy Charter School Inc financially healthy?

Based on our 9-metric Financial Health Score model, Midland Academy Charter School Inc has a score of 49/100 (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 Midland Academy Charter School Inc generate?

Midland Academy Charter School Inc reports $5.1M in annual revenue and holds $6.6M in total assets, based on IRS filings.

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Midland Academy Charter School Inc — Midland, TX | GiveScope