EHealth CareEIN: 205408367· Ruling Year: 2008

North Carolina Community Carenetworks Inc

Garner, North Carolina

B+Health Score
69B+

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 39 peers in Health Care with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org3.02×
Peer Median8.62×
💰
$45.5M
Total Revenue
📊
$29.5M
Total Expenses
🏦
$89.2M
Net Assets
📋
$12.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-15.3%
Year-over-year change (2022 → 2023)
Net Margin
+35.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.02
Net assets divided by total expenses
Liabilities-to-Assets
12.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$45,459,76615%$29,501,23925%$101,426,29724%
2022$53,649,19756%$39,467,96261%$81,852,67615%
2021$122,918,65810%$100,385,1223%$71,055,52845%
2020$111,326,36931%$97,851,29711%$48,990,85145%
2019$84,989,21861%$88,077,786134%$33,889,59119%
2018$52,951,03485%$37,656,16848%$28,454,567106%
2017$28,646,9543%$25,362,8046%$13,840,49558%
2016$27,826,73618%$26,936,08628%$8,765,35216%
2015$33,830,5774%$37,568,8601%$10,387,62839%
2014$35,073,37817%$37,368,67129%$17,167,9346%
2013$29,952,98643%$28,919,49158%$18,292,52926%
2012$21,019,29150%$18,354,05491%$14,571,78238%
2011$14,045,663$9,606,525$10,575,398

Frequently Asked Questions

What does North Carolina Community Carenetworks Inc do?

North Carolina Community Carenetworks Inc is a health care nonprofit organization based in North Carolina. It is classified under NTEE code E21 and is registered as a 501(c) tax-exempt organization with the IRS.

Is North Carolina Community Carenetworks Inc financially healthy?

Based on our 9-metric Financial Health Score model, North Carolina Community Carenetworks Inc has a score of 69/100 (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 North Carolina Community Carenetworks Inc generate?

North Carolina Community Carenetworks Inc reports $43.1M in annual revenue and holds $118.7M in total assets, based on IRS filings.

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