Palm Bay Academy
Palm Bay, Florida
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Critical
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,126,250↓7% | $5,119,217↑11% | $11,356,794↓7% | |
| 2022 | $4,416,270↓14% | $4,603,873↑3% | $12,262,383↓3% | — |
| 2021 | $5,123,934↑27% | $4,489,170↓6% | $12,664,257↑4% | — |
| 2020 | $4,046,301↓18% | $4,771,971↓9% | $12,162,103↓1% | — |
| 2019 | $4,905,900↑3% | $5,238,923↓5% | $12,247,759↓2% | — |
| 2018 | $4,772,062↓6% | $5,542,887↑1% | $12,525,963↓7% | — |
| 2017 | $5,098,585↑2% | $5,497,411↑19% | $13,459,789↑23% | — |
| 2016 | $5,004,604↑6% | $4,600,968↑8% | $10,925,592↑4% | — |
| 2015 | $4,721,438↑20% | $4,256,940↑3% | $10,478,020↑4% | — |
| 2014 | $3,937,230↑6% | $4,138,279↓5% | $10,058,453↓8% | — |
| 2013 | $3,701,554↓4% | $4,359,081 | $10,990,749↓5% | — |
| 2012 | $3,842,251 | $4,350,720↑3% | $11,551,530↓6% | — |
| 2011 | $3,840,210 | $4,212,364 | $12,224,575 | — |
Frequently Asked Questions
What does Palm Bay Academy do?▼
Palm Bay Academy is a education nonprofit organization based in Florida. It is classified under NTEE code B20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Palm Bay Academy financially healthy?▼
Based on our 9-metric Financial Health Score model, Palm Bay Academy has a score of 23/100 (Grade: F). 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 Palm Bay Academy generate?▼
Palm Bay Academy reports $5.3M in annual revenue and holds $10.9M in total assets, based on IRS filings.