BEducationEIN: 832334904· Ruling Year: 2019

Great Oaks Academy

Farmington, Minnesota

BHealth Score
55B

Financial Health Score

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

Above Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.04×
Peer Median20.77×
💰
$3.7M
Total Revenue
📊
$3.6M
Total Expenses
🏦
$160K
Net Assets
📋
$6.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+53.0%
Year-over-year change (2022 → 2023)
Net Margin
+3.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.04
Net assets divided by total expenses
Liabilities-to-Assets
97.4%
Total liabilities as % of total assets

Filing History

4 filings on record
YearRevenueExpensesAssets
2023$3,692,99053%$3,565,35287%$6,247,336412%
2022$2,413,143104%$1,906,42375%$1,220,107246%
2021$1,184,985929%$1,087,082820%$353,1201303%
2020$115,167$118,215$25,171

Frequently Asked Questions

What does Great Oaks Academy do?

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

Is Great Oaks Academy financially healthy?

Based on our 9-metric Financial Health Score model, Great Oaks Academy has a score of 55/100 (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 Great Oaks Academy generate?

Great Oaks Academy reports $5.4M in annual revenue and holds $6.6M in total assets, based on IRS filings.

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Great Oaks Academy — Farmington, MN | GiveScope