BEducationEIN: 465055270· Ruling Year: 2015

Thunderbird Preparatory Academy Inc

Cornelius, North Carolina

CHealth Score
42C

Financial Health Score

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

Below Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org-0.35×
Peer Median20.77×
💰
$2.8M
Total Revenue
📊
$2.8M
Total Expenses
🏦
-$964K
Net Assets
📋
$16.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.2%
Year-over-year change (2022 → 2023)
Net Margin
+1.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.35
Net assets divided by total expenses
Liabilities-to-Assets
106.2%
Total liabilities as % of total assets

Filing History

8 filings on record
YearRevenueExpensesAssets
2023$2,803,6304%$2,760,55623%$15,471,4273%
2022$2,690,5631%$3,568,60262%$15,940,1762973%
2021$2,676,17666%$2,201,47346%$518,76753%
2020$1,614,07129%$1,505,51911%$338,77024%
2018$1,252,80722%$1,357,00528%$443,29524%
2017$1,611,86370%$1,891,26761%$584,9557%
2016$5,365,65017%$4,825,736$628,22039%
2015$4,592,445$4,818,133$451,599

Frequently Asked Questions

What does Thunderbird Preparatory Academy Inc do?

Thunderbird Preparatory Academy Inc is a education nonprofit organization based in North Carolina. It is classified under NTEE code B24 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Thunderbird Preparatory Academy Inc financially healthy?

Based on our 9-metric Financial Health Score model, Thunderbird Preparatory Academy Inc has a score of 42/100 (Grade: C). 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 Thunderbird Preparatory Academy Inc generate?

Thunderbird Preparatory Academy Inc reports $3.4M in annual revenue and holds $769K in total assets, based on IRS filings.

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