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