BEducationEIN: 841751848· Ruling Year: 2020

Innovate Academy & Preparatory School Corp

Eagle, Idaho

B-Health Score
51B-

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 Org0.05×
Peer Median20.77×
💰
$3.1M
Total Revenue
📊
$3.2M
Total Expenses
🏦
$171K
Net Assets
📋
$2.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+65.2%
Year-over-year change (2022 → 2023)
Net Margin
-3.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.05
Net assets divided by total expenses
Liabilities-to-Assets
94.3%
Total liabilities as % of total assets

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$3,061,25265%$3,152,00481%$2,980,163285%
2022$1,853,476301%$1,739,175198%$774,23876%
2021$461,80944%$583,9662%$439,84537%
2020$823,435363%$573,117189%$321,631799%
2019$177,901$198,366$35,795

Frequently Asked Questions

What does Innovate Academy & Preparatory School Corp do?

Innovate Academy & Preparatory School Corp is a education nonprofit organization based in Idaho. It is classified under NTEE code B90 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Innovate Academy & Preparatory School Corp financially healthy?

Based on our 9-metric Financial Health Score model, Innovate Academy & Preparatory School Corp has a score of 51/100 (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 Innovate Academy & Preparatory School Corp generate?

Innovate Academy & Preparatory School Corp reports $2.4M in annual revenue and holds $2.4M in total assets, based on IRS filings.

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