BEducationEIN: 453851539· Ruling Year: 2012

Palmdale Aerospace Academy Inc

Palmdale, California

B+Health Score
71B+

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)

This Org0.71×
Peer Median9.48×
💰
$51.6M
Total Revenue
📊
$40.4M
Total Expenses
🏦
$28.6M
Net Assets
📋
$82.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+40.7%
Year-over-year change (2022 → 2023)
Net Margin
+21.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.71
Net assets divided by total expenses
Liabilities-to-Assets
74.3%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$51,636,64241%$40,412,87515%$111,415,675315%
2022$36,712,3783%$35,000,46719%$26,865,89718%
2021$35,585,91910%$29,290,5217%$22,856,90558%
2020$32,413,01043%$31,330,64241%$14,446,52429%
2019$22,653,5447%$22,288,65614%$11,220,0632%
2018$21,186,99748%$19,501,28747%$11,005,67319%
2017$14,345,11819%$13,291,99548%$9,243,77235%
2016$12,054,60146%$8,951,38331%$6,843,01073%
2015$8,246,68952%$6,820,95463%$3,956,65756%
2014$5,440,77537%$4,186,42923%$2,529,38941%
2013$3,969,4131223%$3,391,7025201%$1,792,007659%
2012$300,000$63,986$236,014

Frequently Asked Questions

What does Palmdale Aerospace Academy Inc do?

Palmdale Aerospace Academy Inc is a education nonprofit organization based in California. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Palmdale Aerospace Academy Inc financially healthy?

Based on our 9-metric Financial Health Score model, Palmdale Aerospace 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 Palmdale Aerospace Academy Inc generate?

Palmdale Aerospace Academy Inc reports $43.7M in annual revenue and holds $117.3M in total assets, based on IRS filings.

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