Discovery Academy
Okemos, Michigan
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
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $6,914,492↑14% | $6,021,435↑16% | $5,817,596↑14% | — |
| 2022 | $6,049,434↑16% | $5,173,873↓2% | $5,111,441↑38% | — |
| 2021 | $5,232,624↑1% | $5,261,528↓2% | $3,707,927↑9% | — |
| 2020 | $5,185,968↑26% | $5,353,356↑29% | $3,401,939↑17% | — |
| 2019 | $4,103,364↑21% | $4,164,936↑29% | $2,910,315↓9% | — |
| 2018 | $3,384,821↑9% | $3,234,300↓15% | $3,204,258↓7% | — |
| 2017 | $3,092,064↑17% | $3,821,131↑51% | $3,449,507↑192% | — |
| 2016 | $2,650,450↑24% | $2,528,132↓3% | $1,179,960↑215% | — |
| 2015 | $2,139,463↑134% | $2,619,522↑144% | $374,084↑291% | — |
| 2014 | $914,749 | $1,074,782 | $95,596 | — |
Frequently Asked Questions
What does Discovery Academy do?▼
Discovery Academy is a education nonprofit organization based in Michigan. It is classified under NTEE code B28 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Discovery Academy financially healthy?▼
Based on our 9-metric Financial Health Score model, Discovery Academy has a score of 42/100 (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 Discovery Academy generate?▼
Discovery Academy reports $7.9M in annual revenue and holds $6.8M in total assets, based on IRS filings.