Sylva-bay Academy Inc is a 501(c)(3) organization based in Bay Springs, Mississippi, registered in 2007, with $1,668,120 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$1.7M
▼ 1.8% vs prior year
Education median: $200K
Expenses (FY2023)
$1.5M
Net assets
$1.5M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Sylva-bay Academy Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Sylva-bay Academy Inc: 12 mo reserves · +8% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Sylva-bay Academy Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Sylva-bay Academy Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.1M (FY2013) to $1.7M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
7.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.6M
Total liabilities
$100K
Net assets
$1.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,668,120▼1.8% | $1,540,257▼6.0% | $1,478,107▼3.1% | $1,578,225▼0.4% | 990 |
| 2022 | $1,698,658▲4.3% | $1,639,335▲8.6% | $1,525,004▲4.2% | $1,584,815▼3.7% | 990 |
| 2021 | $1,628,325▼12.9% | $1,508,889▼13.3% | $1,463,138▲60.3% | $1,645,817▲65.0% | 990 |
| 2020 | $1,869,091▲15.4% | $1,739,920▲8.3% | $912,750▲16.5% | $997,237▼3.2% | 990 |
| 2019 | $1,619,613▲2.8% | $1,606,963▲7.7% | $783,579▲1.6% | $1,030,323▲15.5% | 990 |
| 2018 | $1,575,931▲21.0% | $1,492,438▲13.3% | $770,929▲15.2% | $891,900▲7.0% | 990 |
| 2017 | $1,302,109▼6.2% | $1,317,808▲4.4% | $668,949▼2.3% | $833,779▲2.8% | 990 |
| 2016 | $1,387,483▲8.0% | $1,261,915▲1.1% | $684,648▲22.5% | $811,391▲14.7% | 990 |
| 2015 | $1,284,528▼3.6% | $1,248,356▼1.0% | $559,080▲6.9% | $707,125▲6.6% | 990 |
| 2014 | $1,332,070▲26.6% | $1,260,730▲16.2% | $522,908▲15.8% | $663,360▲5.8% | 990 |
| 2013 | $1,052,460 | $1,084,852▲0.4% | $451,568▼6.7% | $626,728▲0.4% | 990 |
| 2012 | — | $1,080,263▲5.5% | $483,960▼7.3% | $624,478▲0.2% | 990 |
| 2011 | — | $1,024,265▼4.1% | $522,132▼0.6% | $623,508▼0.2% | 990 |
| 2010 | — | $1,068,138▲5.2% | $525,075▲27.0% | $624,800▲10.9% | 990 |
| 2009 | — | $1,015,249 | $413,305 | $563,636 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Sylva-bay Academy Inc (EIN 64-0523715) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.