BEducationEIN: 470970499· Ruling Year: 2015

Iota Community Schools

Memphis, Tennessee

B+Health Score
71B+

Financial Health Score

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

Good

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.30×
Peer Median9.48×
💰
$35.5M
Total Revenue
📊
$32.1M
Total Expenses
🏦
$9.6M
Net Assets
📋
$12.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+1.4%
Year-over-year change (2022 → 2023)
Net Margin
+9.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.30
Net assets divided by total expenses
Liabilities-to-Assets
56.1%
Total liabilities as % of total assets

Filing History

9 filings on record
YearRevenueExpensesAssets
2023$35,460,6781%$32,111,0461%$21,875,20416%
2022$34,982,50525%$31,738,37017%$18,794,1353%
2021$28,094,7095%$27,046,5387%$18,236,0282%
2020$26,681,7199%$25,228,972$17,864,776142%
2019$24,482,899$25,215,8041%$7,374,5309%
2018$24,541,6305%$25,389,4821%$6,779,85212%
2017$25,727,38968%$25,727,38868%$7,700,19927%
2016$15,336,83224%$15,285,91348%$6,040,71830%
2015$12,390,653$10,358,043$4,634,715

Frequently Asked Questions

What does Iota Community Schools do?

Iota Community Schools is a education nonprofit organization based in Tennessee. It is classified under NTEE code B25 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Iota Community Schools financially healthy?

Based on our 9-metric Financial Health Score model, Iota Community Schools has a score of 71/100 (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 Iota Community Schools generate?

Iota Community Schools reports $41.9M in annual revenue and holds $31.6M in total assets, based on IRS filings.

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