FRIENDS OF NORTHRIDGE ACADEMY HIGHSCHOOL
Mission Statement
Friends of Northridge Academy High School (FONAHS) is a support group to encourage total parent participation and raise funds to enhance and expand the Academic, Social, and Athletic programs available to each student at NAHS. Our vision is to build a collaborative environment between administration, teachers, staff, parents, students, and members of our community. Furthermore, we wish to encourage parents to take an active role as leaders in the school community. Our belief is that parent involvement during the high school years is essential for the success of our students. Our mission is to provide opportunities that enrich all of our students’ high school experiences.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
0.0% | 85.6% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
4.2 mo | 11.3 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 99.4% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
7.4% | -0.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
15.3% | -0.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
2.9% | 8.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $79K | $77K | $27K | 0.0% | — |
| 2023 | $74K | $67K | $24K | 0.0% | — |
| 2022 | $2K | $3K | N/A | — | 1 |
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