BEducationEIN: 900970217· Ruling Year: 2015

High Point Academy Inc

Spartanburg, South Carolina

BHealth Score
59B

Financial Health Score

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

Above Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.34×
Peer Median9.48×
💰
$16.9M
Total Revenue
📊
$16.5M
Total Expenses
🏦
$5.5M
Net Assets
📋
$27.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-1.4%
Year-over-year change (2022 → 2023)
Net Margin
+2.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.34
Net assets divided by total expenses
Liabilities-to-Assets
83.4%
Total liabilities as % of total assets

Filing History

9 filings on record
YearRevenueExpensesAssets
2023$16,893,0911%$16,502,7582%$33,424,3381%
2022$17,137,6346%$16,205,38013%$33,724,8113%
2021$16,108,41417%$14,341,072$32,871,458
2020$13,724,783$14,344,3476%$32,838,9951%
2019$13,777,32310%$13,558,34621%$32,430,444736%
2018$12,489,41111%$11,219,33011%$3,879,82581%
2017$11,212,19738%$10,084,08624%$2,143,92532%
2016$8,153,558114%$8,114,096114%$3,151,491529%
2015$3,801,759$3,790,858$501,006

Frequently Asked Questions

What does High Point Academy Inc do?

High Point Academy Inc is a education nonprofit organization based in South Carolina. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.

Is High Point Academy Inc financially healthy?

Based on our 9-metric Financial Health Score model, High Point Academy Inc has a score of 59/100 (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 High Point Academy Inc generate?

High Point Academy Inc reports $16.9M in annual revenue and holds $33.3M in total assets, based on IRS filings.

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