S โ€” Community Improvement & Capacity BuildingEIN: 203115014ยท Ruling Year: 2006

Kerr-tar Economic Development Corporation

Henderson, North Carolina

CHealth Score
44C

Financial Health Score

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

Below Average

๐Ÿ’ฐ
$304K
Total Revenue
๐Ÿ“Š
$394K
Total Expenses
๐Ÿฆ
$7.4M
Net Assets
๐Ÿ“‹
$5.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+8.5%
Year-over-year change (2023 โ†’ 2024)
Net Margin
-30.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
18.73
Net assets divided by total expenses
Liabilities-to-Assets
43.4%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$303,547โ†‘8%$394,497โ†‘41%$13,048,261โ†“2%
2023$279,831โ†‘37%$280,300โ†‘6%$13,264,104โ†“2%
2022$204,730โ†“65%$263,703โ†“13%$13,582,772
2021$591,746โ†‘122%$303,214โ†“1%$13,639,021โ†‘1%
2020$266,592โ†“26%$304,908โ†“10%$13,463,628โ†“1%
2019$362,406โ†“94%$340,127โ†‘102%$13,565,895
2018$5,947,456โ†‘3739%$168,177โ†‘7%$13,569,184
2017$154,911โ†‘1%$157,127โ†“27%$13,591,835
2016$153,807โ†‘3%$216,587โ†‘1%$13,593,051
2015$148,787โ†“88%$213,961โ†“77%$13,655,831โ†“1%
2014$1,209,148โ†‘3%$937,656โ†“10%$13,796,005โ†‘2%
2013$1,177,841โ†‘57%$1,038,316โ†“22%$13,524,513โ†“10%
2012$750,847โ†‘135%$1,327,561โ†‘131%$15,020,443โ†“6%
2011$319,855$575,063$15,897,157

Frequently Asked Questions

What does Kerr-tar Economic Development Corporation do?โ–ผ

Kerr-tar Economic Development Corporation is a community improvement & capacity building nonprofit organization based in North Carolina. It is classified under NTEE code S30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Kerr-tar Economic Development Corporation financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Kerr-tar Economic Development Corporation.

How much revenue does Kerr-tar Economic Development Corporation generate?โ–ผ

Kerr-tar Economic Development Corporation reports $453K in annual revenue and holds $5.9M in total assets, based on IRS filings.

Kerr-tar Economic Development Corporation โ€” Henderson, NC | GiveScope