S โ€” Community Improvement & Capacity BuildingEIN: 262726341ยท Ruling Year: 2009

Cabarrus County Tourism Authority

Concord, North Carolina

B+Health Score
74B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$7.4M
Total Revenue
๐Ÿ“Š
$6.4M
Total Expenses
๐Ÿฆ
$6.6M
Net Assets
๐Ÿ“‹
$2.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2.1%
Year-over-year change (2023 โ†’ 2024)
Net Margin
+13.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.02
Net assets divided by total expenses
Liabilities-to-Assets
24.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$7,391,269โ†‘2%$6,430,107โ†“16%$8,662,539โ†‘11%
2023$7,240,239โ†‘12%$7,621,148โ†‘61%$7,825,518โ†“3%
2022$6,458,365โ†‘72%$4,720,081โ†‘70%$8,063,508โ†‘53%
2021$3,753,868โ†“10%$2,771,239โ†“40%$5,282,456โ†‘37%
2020$4,157,600โ†“28%$4,581,328โ†“18%$3,846,907โ†“9%
2019$5,770,181โ†‘1%$5,574,269โ†“6%$4,249,810โ†‘9%
2018$5,736,244โ†‘3%$5,957,639โ†‘10%$3,894,977โ†“9%
2017$5,586,931โ†‘3%$5,426,150โ†‘18%$4,279,825โ†‘12%
2016$5,444,428โ†‘11%$4,584,546โ†‘9%$3,833,090โ†‘28%
2015$4,908,291โ†‘12%$4,187,724โ†‘3%$2,984,284โ†‘33%
2014$4,390,469โ†‘8%$4,063,292โ†“2%$2,244,975โ†‘19%
2013$4,077,712โ†‘6%$4,130,136โ†‘7%$1,889,838โ†“2%
2012$3,829,494$3,873,946$1,927,641

Frequently Asked Questions

What does Cabarrus County Tourism Authority do?โ–ผ

Cabarrus County Tourism Authority is a community improvement & capacity building nonprofit organization based in North Carolina. It is classified under NTEE code S41 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Cabarrus County Tourism Authority financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Cabarrus County Tourism Authority has a score of 74/100 (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 Cabarrus County Tourism Authority generate?โ–ผ

Cabarrus County Tourism Authority reports $7.4M in annual revenue and holds $8.7M in total assets, based on IRS filings.

Cabarrus County Tourism Authority โ€” Concord, NC | GiveScope