BEducationEIN: 411883866· Ruling Year: 1998

Providence Academy

Plymouth, Minnesota

AHealth Score
93A

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Excellent

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org4.51×
Peer Median9.48×
💰
$27.3M
Total Revenue
📊
$21.7M
Total Expenses
🏦
$97.6M
Net Assets
📋
$4.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+31.0%
Year-over-year change (2022 → 2023)
Net Margin
+20.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.51
Net assets divided by total expenses
Liabilities-to-Assets
4.4%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$27,293,90131%$21,655,0448%$102,133,1147%
2022$20,834,5061%$20,131,29311%$95,103,386
2021$20,728,77112%$18,208,7323%$95,189,0405%
2020$18,450,8604%$17,605,912$90,830,2852%
2019$17,816,7469%$17,634,1455%$89,423,777
2018$19,475,40810%$16,735,5784%$89,643,8991%
2017$21,590,0892%$16,035,4551%$90,223,0826%
2016$21,181,85721%$15,829,8328%$85,084,7617%
2015$17,546,1557%$14,679,2535%$79,761,1326%
2014$18,965,00424%$13,945,2354%$75,495,812
2013$15,266,40122%$13,413,2753%$75,337,0501%
2012$19,641,776$12,970,823$74,452,789

Frequently Asked Questions

What does Providence Academy do?

Providence Academy is a education nonprofit organization based in Minnesota. It is classified under NTEE code B200 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Providence Academy financially healthy?

Based on our 9-metric Financial Health Score model, Providence Academy has a score of 93/100 (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 Providence Academy generate?

Providence Academy reports $30.8M in annual revenue and holds $109.9M in total assets, based on IRS filings.

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Providence Academy — Plymouth, MN | GiveScope