BEducationEIN: 811881446· Ruling Year: 2016

Palmdale Aerospace Academy Foundation

Palmdale, California

B-Health Score
52B-

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 Org0.98×
Peer Median20.77×
💰
$5.5M
Total Revenue
📊
$4.3M
Total Expenses
🏦
$4.3M
Net Assets
📋
$81.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+0.7%
Year-over-year change (2022 → 2023)
Net Margin
+21.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.98
Net assets divided by total expenses
Liabilities-to-Assets
95.0%
Total liabilities as % of total assets

Filing History

8 filings on record
YearRevenueExpensesAssets
2023$5,512,9561%$4,341,706$85,434,5681%
2022$5,473,1094%$4,347,6296%$84,559,2881%
2021$5,276,2665%$4,638,07128%$85,050,9151%
2020$5,538,77959%$3,630,0034%$86,056,7053%
2019$3,476,78815%$3,498,6041%$88,373,39990%
2018$3,028,510302%$3,469,25953%$46,537,8344%
2017$753,33930863%$2,266,565$48,292,0292%
2016$2,433$0$49,226,966

Frequently Asked Questions

What does Palmdale Aerospace Academy Foundation do?

Palmdale Aerospace Academy Foundation is a education nonprofit organization based in California. It is classified under NTEE code B90 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Palmdale Aerospace Academy Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Palmdale Aerospace Academy Foundation has a score of 52/100 (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 Foundation generate?

Palmdale Aerospace Academy Foundation reports $5.4M in annual revenue and holds $84.9M in total assets, based on IRS filings.

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