Washington Academy
East Machias, Maine
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
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $5,856,650↓10% | $6,577,495↑1% | $13,586,036↓4% | |
| 2023 | $6,481,799↑2% | $6,512,777↑17% | $14,202,739↓1% | — |
| 2022 | $6,354,739↑4% | $5,580,723↓4% | $14,309,458↓6% | — |
| 2021 | $6,085,291↓8% | $5,828,680↓5% | $15,214,453↑7% | — |
| 2020 | $6,623,681↑4% | $6,147,779↓2% | $14,174,459↓5% | — |
| 2019 | $6,373,604↓8% | $6,245,185↓7% | $14,988,541↑3% | — |
| 2018 | $6,898,053↓7% | $6,693,907 | $14,616,856↓3% | — |
| 2017 | $7,399,969↑9% | $6,721,278↑4% | $15,089,502↑5% | — |
| 2016 | $6,782,963↑1% | $6,482,484↑5% | $14,400,763↑2% | — |
| 2015 | $6,717,111↑9% | $6,160,015↑11% | $14,073,255↑1% | — |
| 2014 | $6,169,546↑7% | $5,563,391↓7% | $13,980,089↑3% | — |
| 2013 | $5,739,885↓17% | $5,972,364↓6% | $13,624,209↓2% | — |
| 2012 | $6,946,763↑8% | $6,323,785↑11% | $13,864,652↑3% | — |
| 2011 | $6,417,530 | $5,686,103 | $13,516,967 | — |
Frequently Asked Questions
What does Washington Academy do?▼
Washington Academy is a education nonprofit organization based in Maine. It is classified under NTEE code B25Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Washington Academy financially healthy?▼
Based on our 9-metric Financial Health Score model, Washington Academy has a score of 65/100 (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 Washington Academy generate?▼
Washington Academy reports $7.9M in annual revenue and holds $14.7M in total assets, based on IRS filings.