BEducationEIN: 852740460· Ruling Year: 2020

Skyrocket Education Inc

Merrick, New York

B-Health Score
53B-

Financial Health Score

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

Average

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.00×
Peer Median20.77×
💰
$2.2M
Total Revenue
📊
$917K
Total Expenses
🏦
$0
Net Assets
📋
$192K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+41.7%
Year-over-year change (2022 → 2023)
Net Margin
+58.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.00
Net assets divided by total expenses
Liabilities-to-Assets
100.0%
Total liabilities as % of total assets

Filing History

4 filings on record
YearRevenueExpensesAssets
2023$2,190,23742%$916,66338%$192,34044%
2022$1,545,577210%$1,487,108219%$133,29231%
2021$498,503565%$466,364$194,439159%
2020$75,000$0$75,000

Frequently Asked Questions

What does Skyrocket Education Inc do?

Skyrocket Education Inc is a education nonprofit organization based in New York. It is classified under NTEE code B90 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Skyrocket Education Inc financially healthy?

Based on our 9-metric Financial Health Score model, Skyrocket Education Inc has a score of 53/100 (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 Skyrocket Education Inc generate?

Skyrocket Education Inc reports $2.2M in annual revenue and holds $209K in total assets, based on IRS filings.

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Skyrocket Education Inc — Merrick, NY | GiveScope