Quality Education Academy
Winston Salem, North Carolina
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 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
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $8,985,113↓3% | $9,630,110↓2% | $3,743,620↓15% | |
| 2022 | $9,300,319↑15% | $9,816,064↑34% | $4,413,479↓7% | — |
| 2021 | $8,077,543↑38% | $7,302,066↑8% | $4,727,088↑3% | — |
| 2020 | $5,860,891↓6% | $6,731,509↑16% | $4,607,378↓4% | — |
| 2019 | $6,212,476↑19% | $5,784,271↑25% | $4,778,389↑13% | — |
| 2018 | $5,220,148↑12% | $4,612,116↑10% | $4,236,998↑18% | — |
| 2017 | $4,679,154↑7% | $4,174,304↓3% | $3,602,099↑15% | — |
| 2016 | $4,368,616↓6% | $4,307,205↓1% | $3,140,213↑2% | — |
| 2015 | $4,662,917↑12% | $4,352,073↑9% | $3,090,686↑12% | — |
| 2014 | $4,149,388↑4% | $3,990,719↑10% | $2,769,646↑8% | — |
| 2013 | $3,988,035↑14% | $3,634,995↑24% | $2,569,160↑7% | — |
| 2012 | $3,497,093↑14% | $2,940,345↑3% | $2,400,776↑20% | — |
| 2011 | $3,064,154 | $2,847,049 | $2,002,940 | — |
Frequently Asked Questions
What does Quality Education Academy do?▼
Quality Education Academy is a education nonprofit organization based in North Carolina. It is classified under NTEE code B20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Quality Education Academy financially healthy?▼
Based on our 9-metric Financial Health Score model, Quality Education Academy 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 Quality Education Academy generate?▼
Quality Education Academy reports $9.7M in annual revenue and holds $3.1M in total assets, based on IRS filings.
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