BEducationEIN: 202753461· Ruling Year: 2010

Mansfield Preparatory Academy Inc

Lorain, Ohio

B-Health Score
53B-

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 Org0.07×
Peer Median20.77×
💰
$8.0M
Total Revenue
📊
$7.1M
Total Expenses
🏦
$528K
Net Assets
📋
$10.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+9.4%
Year-over-year change (2022 → 2023)
Net Margin
+11.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.07
Net assets divided by total expenses
Liabilities-to-Assets
95.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$8,041,0069%$7,143,73815%$11,398,4219%
2022$7,349,7557%$6,195,1363%$10,447,802160%
2021$6,862,55924%$6,388,6146%$4,022,03929%
2020$5,541,9163%$6,036,64515%$3,122,83910%
2019$5,368,1355%$5,263,70747%$3,486,66221%
2018$5,116,72836%$3,591,70210%$2,874,73847%
2017$3,750,44714%$3,988,00225%$1,950,50839%
2016$4,373,84750%$3,178,84512%$1,401,946174%
2015$2,917,46488%$2,830,40463%$511,647228%
2014$1,554,58549%$1,738,04624%$156,10555%
2013$1,041,3934%$1,402,3331%$100,82920%
2012$1,090,10612%$1,418,624$125,25534%
2011$1,236,983$1,414,438$93,815

Frequently Asked Questions

What does Mansfield Preparatory Academy Inc do?

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

Is Mansfield Preparatory Academy Inc financially healthy?

Based on our 9-metric Financial Health Score model, Mansfield Preparatory Academy Inc has a score of 53/100 (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 Mansfield Preparatory Academy Inc generate?

Mansfield Preparatory Academy Inc reports $8.0M in annual revenue and holds $12.6M in total assets, based on IRS filings.

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