BEducationEIN: 752760945· Ruling Year: 1998

Midland Classical Academy

Midland, Texas

B+Health Score
72B+

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

💰
$4.9M
Total Revenue
📊
$4.9M
Total Expenses
🏦
$11.9M
Net Assets
📋
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-19.3%
Year-over-year change (2022 → 2023)
Net Margin
+0.0%
Revenue minus expenses as % of revenue

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$4,908,84219%$4,907,6107%$11,926,701
2022$6,083,7613%$4,597,04314%$11,925,46914%
2021$6,271,86766%$4,031,88015%$10,432,07028%
2020$3,774,8248%$3,517,131$8,167,0833%
2019$3,500,3568%$3,500,6873%$7,909,390
2018$3,788,50035%$3,403,69510%$7,895,6305%
2017$2,801,8315%$3,087,9263%$7,511,8294%
2016$2,952,1896%$2,998,6801%$7,792,9241%
2015$2,794,5838%$2,955,7576%$7,839,5132%
2014$2,582,8353%$2,782,6869%$8,001,2652%
2013$2,668,6886%$2,543,8475%$8,202,5582%
2012$2,831,01026%$2,414,230$8,078,6275%
2011$2,247,48811%$2,420,7784%$7,664,5022%
2010$2,024,955$2,316,671$7,837,792

Frequently Asked Questions

What does Midland Classical Academy do?

Midland Classical Academy is a education nonprofit organization based in Texas. It is classified under NTEE code B99Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Midland Classical Academy financially healthy?

Based on our 9-metric Financial Health Score model, Midland Classical Academy has a score of 72/100 (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 Classical Academy generate?

Midland Classical Academy reports $6.3M in annual revenue and holds $12.7M in total assets, based on IRS filings.

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