What You Need to Know About Coral Academy Sandy Ridge: A Financial Overview
Oliver KahnIntroduction
Coral Academy Sandy Ridge is a popularpublic charter schoollocated in Las Vegas, Nevada. As with any educational institution, it is important to understand the financial aspects of the school before making a decision to enroll a child. In this article, we will provide a comprehensive financial overview of Coral Academy Sandy Ridge.
Revenue Sources
Coral Academy Sandy Ridge receives funding from various sources. The majority of their revenue comes from the state of Nevada, which provides funding based on student enrollment. Additionally, the school receives federal funding for programs such as Title I and IDEA. The school also receives donations from individuals and corporations.
Expenses
The biggest expense for Coral Academy Sandy Ridge is salaries and benefits for their staff members. The school also has expenses for facilities maintenance, supplies, and equipment. Additionally, the school has expenses for utilities, insurance, and other administrative costs.
Financial Performance
Overall, Coral Academy Sandy Ridge has a strongfinancial performance. The school has consistently generated a surplus over the past few years, indicating that they are operating efficiently and effectively. The school has also received high marks from rating agencies such as Moody's and Standard & Poor's.
Investing in Education
Investing in education is a smart financial decision for families. By enrolling a child in a high-quality school like Coral Academy Sandy Ridge, parents can help set their child up for success in the future. Additionally,investing in educationcan have long-term benefits for society as a whole. Education can help reduce poverty, increase economic growth, and promote social cohesion.
Conclusion
Coral Academy Sandy Ridge is a financially strong and sound educational institution. By understanding the school's revenue sources, expenses, and financial performance, parents can make an informed decision about enrolling their child in the school. Investing in education is a smart financial decision that can benefit both individuals and society as a whole.
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