What is Mary Academy's Financial Performance?

What is Mary Academy's Financial Performance?

Mary Academy is a private school located in the United States that offers education services to students from kindergarten through to Grade 12. Over the years, the school has been recognized for its academic excellence, and it has established itself as one of the leading institutions in the region. However, as with any organization, it is essential to evaluate Mary Academy's financial performance to determine whether the institution is sustainable and profitable.

Revenue and Expenses

One of the key indicators of an organization's financial performance is its revenue. In the case of Mary Academy, the school's revenue is generated from tuition fees, donations, and grants. According to the school's financial statements, Mary Academy's total revenue for the 2019 fiscal year was $10.5 million. This represents a 3% increase from the previous year.

On the other hand, expenses are also a crucial aspect of evaluating an organization's financial performance. Mary Academy's expenses include salaries and benefits for teachers and staff, facilities maintenance, and instructional materials. In the 2019 fiscal year, the school's total expenses were $9.8 million, which represents a 2.5% increase from the previous year.

Overall, Mary Academy's revenue and expenses show that the school is operating within a healthy financial range. The slight increase in both revenue and expenses indicates that the school is growing, but it is also maintaining its expenditures to ensure sustainability.

Net Assets and Liabilities

Another critical aspect of financial performance evaluation is assessing an organization'snet assets and liabilities. Net assets refer to the difference between an organization's total assets and total liabilities. Mary Academy's total assets for the 2019 fiscal year were $35.2 million, while its total liabilities were $7.6 million.

The difference between the two is the school's net assets, which were $27.6 million. This indicates that Mary Academy has a significant amount of resources available to it to support its operations and invest in capital improvements.

Investment Strategies

Investment strategies are also an essential aspect of evaluating an organization's financial performance. Mary Academy's investment strategy is primarily focused on long-term investments that support the school's mission and goals. The school's investment portfolio includes a mix of equity and fixed-income investments, which are managed by professional investment managers.

Mary Academy's investment strategy has been successful, with the school achieving a 7.5% return on its investments in the 2019 fiscal year. This indicates that the school's investments are performing well and are generating returns that can be used to support its operations and invest in capital improvements.

Conclusion

In conclusion, Mary Academy's financial performance evaluation shows that the school is operating within a healthy financial range. The slight increase in both revenue and expenses indicates that the school is growing, but it is also maintaining its expenditures to ensure sustainability. The school's net assets andinvestment strategiesshow that Mary Academy has a significant amount of resources available to it to support its operations and invest in capital improvements. Overall, Mary Academy's financial performance evaluation indicates that the school is on a stable financial path and is poised for continued success in the future.