Lake Ridge Academy
N Ridgeville, Ohio
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Below Average
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 | $9,455,786↓28% | $11,631,040↓18% | $11,187,674↓11% | |
| 2023 | $13,069,234↓11% | $14,101,883↓2% | $12,636,571↓9% | — |
| 2022 | $14,706,363↑2% | $14,343,955↑4% | $13,940,629↓1% | — |
| 2021 | $14,431,885↑12% | $13,824,306↑2% | $14,038,501↓4% | — |
| 2020 | $12,941,807↓1% | $13,607,461↑1% | $14,650,196↑3% | — |
| 2019 | $13,042,096↑3% | $13,455,101↑6% | $14,189,670↑1% | — |
| 2018 | $12,671,868↑3% | $12,716,573↑3% | $14,031,038 | — |
| 2017 | $12,347,357↓2% | $12,363,089↑4% | $13,990,567↑2% | — |
| 2016 | $12,552,823↓1% | $11,914,720↑3% | $13,693,750↑11% | — |
| 2015 | $12,653,401↑17% | $11,576,209↑7% | $12,324,162↑8% | — |
| 2014 | $10,804,277↑2% | $10,830,227↑3% | $11,437,283↑1% | — |
| 2013 | $10,546,872↑9% | $10,483,223↑10% | $11,315,968↑1% | — |
| 2012 | $9,666,080↑6% | $9,570,796↑4% | $11,251,390↓1% | — |
| 2011 | $9,149,379 | $9,205,657 | $11,418,359 | — |
Frequently Asked Questions
What does Lake Ridge Academy do?▼
Lake Ridge Academy is a education nonprofit organization based in Ohio. It is classified under NTEE code B24Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lake Ridge Academy financially healthy?▼
Based on our 9-metric Financial Health Score model, Lake Ridge Academy has a score of 36/100 (Grade: C). 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 Lake Ridge Academy generate?▼
Lake Ridge Academy reports $9.5M in annual revenue and holds $11.2M in total assets, based on IRS filings.