BEducationEIN: 980379620· Ruling Year: 2002

Island Academy Inc

Roswell, Georgia

A-Health Score
79A-

Financial Health Score

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

Very Good

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org1.96×
Peer Median20.77×
💰
$3.4M
Total Revenue
📊
$2.7M
Total Expenses
🏦
$5.3M
Net Assets
📋
$294K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-0.5%
Year-over-year change (2023 → 2024)
Net Margin
+20.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.96
Net assets divided by total expenses
Liabilities-to-Assets
5.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$3,372,5101%$2,691,016$5,567,9262%
2023$3,389,54517%$2,691,01714%$5,698,76011%
2022$2,888,52220%$2,351,84945%$5,135,17724%
2021$2,397,25714%$1,626,65911%$4,125,69711%
2020$2,097,19916%$1,823,4793%$3,701,091
2019$1,806,45685%$1,775,4483%$3,700,2072%
2018$975,70185%$1,716,44371%$3,770,96365%
2017$6,712,33035%$5,854,05033%$10,674,8852%
2016$4,975,778156%$4,401,324$10,513,9241051392300%
2015$1,946,865155%$0100%$1
2014$764,50014%$764,50014%$1
2013$671,22622%$671,22622%$1
2012$550,000$550,000$0

Frequently Asked Questions

What does Island Academy Inc do?

Island Academy Inc is a education nonprofit organization based in Georgia. It is classified under NTEE code B20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Island Academy Inc financially healthy?

Based on our 9-metric Financial Health Score model, Island Academy Inc has a score of 79/100 (Grade: A-). 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 Island Academy Inc generate?

Island Academy Inc reports $4.0M in annual revenue and holds $7.2M in total assets, based on IRS filings.

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