B — EducationEIN: 223493409· Ruling Year: 2020

Unity Charter School

Morristown, New Jersey

B-Health Score
45B-

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 Org-0.06×
Peer Median20.77×
💰
$5.8M
Total Revenue
📊
$6.5M
Total Expenses
🏦
-$357K
Net Assets
📋
$2.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.2%
Year-over-year change (2022 → 2023)
Net Margin
-11.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.06
Net assets divided by total expenses
Liabilities-to-Assets
114.7%
Total liabilities as % of total assets

Filing History

6 filings on record
YearRevenueExpensesAssets
2023$5,807,042↑4%$6,467,580↑13%$2,423,824↓21%
2022$5,573,924↑14%$5,735,877↑25%$3,074,541↑65%
2021$4,878,179↑3%$4,579,117↓1%$1,861,580↑62%
2020$4,753,367↑1%$4,623,005↑5%$1,151,250↑34%
2019$4,700,711↑8%$4,401,791↑3%$858,734↑28%
2018$4,364,989$4,285,766$669,903

Frequently Asked Questions

What does Unity Charter School do?▼

Unity Charter School is a education nonprofit organization based in New Jersey. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Unity Charter School financially healthy?▼

Based on our 9-metric Financial Health Score model, Unity Charter School has a score of 45/100 (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 Unity Charter School generate?▼

Unity Charter School reports $6.8M in annual revenue and holds $1.8M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Education category, or browse all nonprofits in New Jersey.