TPhilanthropy, Voluntarism & GrantmakingEIN: 463891359· Ruling Year: 2014

2040 Foundation Inc

Charlotte, North Carolina

CHealth Score
44C

Financial Health Score

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

Below Average

How This Organization Compares

Compared to 8 peers in Philanthropy, Voluntarism & Grantmaking with $100K-$1M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org6.03×
Peer Median13.69×
💰
$393K
Total Revenue
📊
$16.5M
Total Expenses
🏦
$99.7M
Net Assets
📋
$399K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+193.3%
Year-over-year change (2022 → 2023)
Net Margin
-4103.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
6.03
Net assets divided by total expenses
Liabilities-to-Assets
0.4%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2023$392,925193%$16,517,8164%$100,049,9627%
2022-$421,090118%$17,286,49418%$107,868,02918%
2021$2,340,20382%$20,966,9366%$132,102,35010%
2020$13,339,2923468%$22,299,48055%$147,048,6125%
2019-$396,101107%$14,375,5685%$154,056,6627%
2018$5,370,855585%$13,731,40712%$143,472,05713%
2017$783,83591%$12,231,8634%$164,364,0064%
2016$8,818,55967%$12,706,63026%$158,459,7092%
2015$5,284,08697%$17,277,5057046%$161,923,2072%
2014$165,599,943$241,776$165,885,79416588579300%
2013$0$0$1

Frequently Asked Questions

What does 2040 Foundation Inc do?

2040 Foundation Inc is a philanthropy, voluntarism & grantmaking nonprofit organization based in North Carolina. It is classified under NTEE code T20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is 2040 Foundation Inc financially healthy?

Based on our 9-metric Financial Health Score model, 2040 Foundation Inc has a score of 44/100 (Grade: C). 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 2040 Foundation Inc generate?

2040 Foundation Inc reports $805K in annual revenue and holds $90.8M in total assets, based on IRS filings.

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