B — EducationEIN: 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$35,460,678↑1%$32,111,046↑1%$21,875,204↑16%
2022$34,982,505↑25%$31,738,370↑17%$18,794,135↑3%
2021$28,094,709↑5%$27,046,538↑7%$18,236,028↑2%
2020$26,681,719↑9%$25,228,972$17,864,776↑142%
2019$24,482,899$25,215,804↓1%$7,374,530↑9%
2018$24,541,630↓5%$25,389,482↓1%$6,779,852↓12%
2017$25,727,389↑68%$25,727,388↑68%$7,700,199↑27%
2016$15,336,832↑24%$15,285,913↑48%$6,040,718↑30%
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 $38.5M in annual revenue and holds $34.9M in total assets, based on IRS filings.

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