Reaching All Minds Academy Inc
Durham, North Carolina
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)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
9 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $5,817,995↑10% | $5,704,213↑14% | $3,297,223↑10% | |
| 2022 | $5,292,129↑16% | $4,993,871↑29% | $2,992,294↑12% | — |
| 2021 | $4,578,274↑26% | $3,881,781↑15% | $2,678,343↑20% | — |
| 2020 | $3,630,644↑10% | $3,368,066↑16% | $2,237,831↑43% | — |
| 2019 | $3,294,158↑20% | $2,909,124↑29% | $1,560,567↑32% | — |
| 2018 | $2,744,521↑30% | $2,254,958↑22% | $1,181,301↑73% | — |
| 2017 | $2,107,266↑30% | $1,843,912↑35% | $681,437↑62% | — |
| 2016 | $1,623,729↑60% | $1,364,429↑59% | $421,793↑166% | — |
| 2015 | $1,012,817 | $860,500 | $158,722 | — |
Frequently Asked Questions
What does Reaching All Minds Academy Inc do?▼
Reaching All Minds Academy Inc is a education nonprofit organization based in North Carolina. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Reaching All Minds Academy Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Reaching All Minds Academy Inc has a score of 80/100 (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 Reaching All Minds Academy Inc generate?▼
Reaching All Minds Academy Inc reports $5.7M in annual revenue and holds $2.5M in total assets, based on IRS filings.
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