B — EducationEIN: 010245261· Ruling Year: 1975

Erskine Academy

China, Maine

A-Health Score
77A-

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 Org1.73×
Peer Median20.77×
💰
$9.2M
Total Revenue
📊
$8.9M
Total Expenses
🏦
$15.4M
Net Assets
📋
$1.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+1.3%
Year-over-year change (2023 → 2024)
Net Margin
+3.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.73
Net assets divided by total expenses
Liabilities-to-Assets
8.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$9,165,940↑1%$8,860,806↑6%$16,859,076↑10%
2023$9,050,410↑1%$8,388,700↑5%$15,391,632↑10%
2022$8,919,635↑8%$8,005,301↑2%$14,051,350↓9%
2021$8,271,438↑10%$7,869,291↑8%$15,376,753↑22%
2020$7,525,176↓4%$7,310,609↓2%$12,646,108↑3%
2019$7,853,469$7,478,382↑2%$12,237,980↑5%
2018$7,887,557↓1%$7,354,350↓1%$11,638,740↑7%
2017$7,944,353↑6%$7,418,765↑3%$10,909,935↑10%
2016$7,503,230↑3%$7,177,502↑3%$9,929,506↑3%
2015$7,300,794↑2%$6,990,675↑4%$9,676,904↑3%
2014$7,155,858$6,702,441$9,379,761↑4%
2013$7,154,434↑2%$6,669,553↓6%$9,043,439↑5%
2012$7,012,076$7,074,344$8,587,622

Frequently Asked Questions

What does Erskine Academy do?▼

Erskine 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 Erskine Academy financially healthy?▼

Based on our 9-metric Financial Health Score model, Erskine Academy has a score of 77/100 (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 Erskine Academy generate?▼

Erskine Academy reports $9.9M in annual revenue and holds $17.4M in total assets, based on IRS filings.

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