B — EducationEIN: 042145258· Ruling Year: 1956

Carroll School Corp

Lincoln, Massachusetts

AHealth Score
85A

Financial Health Score

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

Excellent

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org2.42×
Peer Median9.48×
💰
$35.7M
Total Revenue
📊
$29.4M
Total Expenses
🏦
$71.0M
Net Assets
📋
$13.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+17.1%
Year-over-year change (2022 → 2023)
Net Margin
+17.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.42
Net assets divided by total expenses
Liabilities-to-Assets
15.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$35,710,480↑17%$29,402,432↑5%$84,066,509↑14%
2022$30,503,335↓7%$28,069,310↑3%$73,519,260↓4%
2021$32,903,152↓16%$27,161,843↑5%$76,520,468↑17%
2020$39,201,637↑32%$25,945,532↑7%$65,328,849↑28%
2019$29,706,279↑13%$24,262,139↑5%$50,900,488↑11%
2018$26,297,201↓5%$23,203,337↑6%$45,934,727↑5%
2017$27,786,931↑11%$21,863,015$43,616,006↑23%
2016$24,967,574↑23%$21,813,145↑10%$35,437,251↑21%
2015$20,364,951↑6%$19,854,008↑10%$29,349,548↓2%
2014$19,241,123↑4%$18,013,610↑6%$30,045,881↑4%
2013$18,441,746↑5%$17,004,523↑10%$28,830,500↑4%
2012$17,528,647↑16%$15,476,740↑9%$27,724,801↑4%
2011$15,158,225$14,177,610$26,543,092

Frequently Asked Questions

What does Carroll School Corp do?▼

Carroll School Corp is a education nonprofit organization based in Massachusetts. It is classified under NTEE code B28Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Carroll School Corp financially healthy?▼

Based on our 9-metric Financial Health Score model, Carroll School Corp has a score of 85/100 (Grade: A). 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 Carroll School Corp generate?▼

Carroll School Corp reports $48.8M in annual revenue and holds $101.8M in total assets, based on IRS filings.

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