BEducationEIN: 270349536· Ruling Year: 2009

French Broad River Academy Inc

Asheville, North Carolina

A-Health Score
82A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.22×
Peer Median20.77×
💰
$4.2M
Total Revenue
📊
$3.2M
Total Expenses
🏦
$3.9M
Net Assets
📋
$2.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+22.5%
Year-over-year change (2022 → 2023)
Net Margin
+23.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.22
Net assets divided by total expenses
Liabilities-to-Assets
40.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,177,60123%$3,179,5045%$6,513,22813%
2022$3,410,2173%$3,024,3639%$5,750,0331%
2021$3,531,74617%$2,781,6752%$5,800,64913%
2020$3,023,3122%$2,730,1493%$5,145,55727%
2019$3,094,1088%$2,658,3927%$4,036,30311%
2018$2,872,33054%$2,482,82022%$3,646,28236%
2017$1,870,80416%$2,028,52329%$2,682,6551%
2016$1,617,15221%$1,574,89253%$2,697,83941%
2015$1,335,7537%$1,029,75127%$1,908,98190%
2014$1,244,65692%$809,19930%$1,002,851136%
2013$648,52234%$624,33850%$425,21971%
2012$484,842111%$415,78255%$249,052175%
2011$230,304$267,395$90,668

Frequently Asked Questions

What does French Broad River Academy Inc do?

French Broad River Academy Inc is a education nonprofit organization based in North Carolina. It is classified under NTEE code B24 and is registered as a 501(c) tax-exempt organization with the IRS.

Is French Broad River Academy Inc financially healthy?

Based on our 9-metric Financial Health Score model, French Broad River Academy Inc has a score of 82/100 (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 French Broad River Academy Inc generate?

French Broad River Academy Inc reports $3.6M in annual revenue and holds $6.3M in total assets, based on IRS filings.

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