BEducationEIN: 873479318· Ruling Year: 2022

Destine Preparatory Charter School

Schenectady, New York

DHealth Score
30D

Financial Health Score

Provisional

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

Poor

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org-0.05×
Peer Median20.77×
💰
$2.0M
Total Revenue
📊
$2.3M
Total Expenses
🏦
-$122K
Net Assets
📋
$2.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+551.9%
Year-over-year change (2022 → 2023)
Net Margin
-15.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.05
Net assets divided by total expenses
Liabilities-to-Assets
105.2%
Total liabilities as % of total assets

Filing History

2 filings on record
YearRevenueExpensesAssets
2023$1,957,884552%$2,262,7681825%$2,356,051351%
2022$300,338$117,544$522,267

Frequently Asked Questions

What does Destine Preparatory Charter School do?

Destine Preparatory Charter School is a education nonprofit organization based in New York. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Destine Preparatory Charter School financially healthy?

Based on our 9-metric Financial Health Score model, Destine Preparatory Charter School has a score of 30/100 (Grade: D). 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 Destine Preparatory Charter School generate?

Destine Preparatory Charter School reports $3.5M in annual revenue and holds $1.9M in total assets, based on IRS filings.

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