BEducationEIN: 824087161· Ruling Year: 2018

New Day Schools Inc

Memphis, Tennessee

AHealth Score
86A

Financial Health Score

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

Excellent

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.83×
Peer Median9.48×
💰
$19.0M
Total Revenue
📊
$17.0M
Total Expenses
🏦
$14.1M
Net Assets
📋
$2.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-7.4%
Year-over-year change (2022 → 2023)
Net Margin
+10.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.83
Net assets divided by total expenses
Liabilities-to-Assets
13.0%
Total liabilities as % of total assets

Filing History

6 filings on record
YearRevenueExpensesAssets
2023$19,019,1987%$17,016,71919%$16,212,539
2022$20,547,05728%$14,353,9305%$16,261,44179%
2021$16,072,5868%$13,606,2969%$9,085,68145%
2020$17,512,119881%$14,976,6481479%$6,280,661469%
2019$1,784,5531327%$948,203716%$1,103,87712260%
2018$125,100$116,169$8,931

Frequently Asked Questions

What does New Day Schools Inc do?

New Day Schools Inc is a education nonprofit organization based in Tennessee. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.

Is New Day Schools Inc financially healthy?

Based on our 9-metric Financial Health Score model, New Day Schools Inc has a score of 86/100 (Grade: A). 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 New Day Schools Inc generate?

New Day Schools Inc reports $24.9M in annual revenue and holds $22.3M in total assets, based on IRS filings.

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