BEducationEIN: 030387451· Ruling Year: 2002

The Faison Center Inc

Richmond, Virginia

B+Health Score
72B+

Financial Health Score

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

Good

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org2.59×
Peer Median9.48×
💰
$20.7M
Total Revenue
📊
$19.3M
Total Expenses
🏦
$50.0M
Net Assets
📋
$14.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-1.9%
Year-over-year change (2022 → 2023)
Net Margin
+6.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.59
Net assets divided by total expenses
Liabilities-to-Assets
22.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$20,672,5562%$19,282,2456%$64,030,2102%
2022$21,070,6066%$18,130,8182%$62,568,6523%
2021$22,397,7575%$18,436,3873%$64,471,8364%
2020$23,649,18813%$18,958,1555%$62,155,10313%
2019$27,183,79721%$18,091,28827%$54,900,42016%
2018$22,413,85455%$14,237,65820%$47,263,95146%
2017$14,505,9769%$11,912,14213%$32,324,7933%
2016$13,253,48232%$10,500,98126%$31,461,961117%
2015$10,037,41015%$8,342,49717%$14,531,3828%
2014$8,749,715$7,102,9303%$13,505,8173%
2013$8,762,05819%$6,896,91613%$13,068,406249%
2012$7,374,02912%$6,127,7643%$3,749,56819%
2011$6,583,963$5,936,368$3,163,245

Frequently Asked Questions

What does The Faison Center Inc do?

The Faison Center Inc is a education nonprofit organization based in Virginia. It is classified under NTEE code B286 and is registered as a 501(c) tax-exempt organization with the IRS.

Is The Faison Center Inc financially healthy?

Based on our 9-metric Financial Health Score model, The Faison Center Inc has a score of 72/100 (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 The Faison Center Inc generate?

The Faison Center Inc reports $25.1M in annual revenue and holds $62.1M in total assets, based on IRS filings.

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