BEducationEIN: 510399911

Kuumba Academy Charter School INC

Wilmington, Delaware

CHealth Score
38C

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

Working Capital Ratio (net assets ÷ expenses)

This Org-1.15×
Peer Median9.48×
💰
$15.9M
Total Revenue
📊
$16.4M
Total Expenses
🏦
-$18.9M
Net Assets
📋
$32.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-1.5%
Year-over-year change (2023 → 2024)
Net Margin
-3.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
-1.15
Net assets divided by total expenses
Liabilities-to-Assets
237.2%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2024$15,882,8201%$16,374,9532%$13,740,36010%
2023$16,119,23720%$16,097,22118%$15,279,59110%
2022$13,387,49623%$13,594,04210%$17,063,87348%
2021$10,879,7665%$12,365,5204%$11,555,36661%
2020$10,394,7089%$11,858,7772%$7,190,63614%
2019$9,556,5523%$11,652,05715%$6,281,4854%
2018$9,871,90016%$10,119,87814%$6,513,32765%
2017$8,543,08917%$8,906,71911%$3,957,78750%
2016$7,283,6473%$7,992,09342%$2,631,86912%
2015$7,066,93683%$5,621,23451%$2,982,889180%
2014$3,856,060$3,727,774$1,066,697

Frequently Asked Questions

What does Kuumba Academy Charter School INC do?

Kuumba Academy Charter School INC is a education nonprofit organization based in Delaware. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Kuumba Academy Charter School INC financially healthy?

Based on our 9-metric Financial Health Score model, Kuumba Academy Charter School INC has a score of 38/100 (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 Kuumba Academy Charter School INC generate?

Kuumba Academy Charter School INC reports $15.4M in annual revenue and holds $12.4M in total assets, based on IRS filings.

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