2040 Foundation Inc
Charlotte, North Carolina
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)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
11 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $392,925↑193% | $16,517,816↓4% | $100,049,962↓7% | — |
| 2022 | -$421,090↓118% | $17,286,494↓18% | $107,868,029↓18% | — |
| 2021 | $2,340,203↓82% | $20,966,936↓6% | $132,102,350↓10% | — |
| 2020 | $13,339,292↑3468% | $22,299,480↑55% | $147,048,612↓5% | — |
| 2019 | -$396,101↓107% | $14,375,568↑5% | $154,056,662↑7% | — |
| 2018 | $5,370,855↑585% | $13,731,407↑12% | $143,472,057↓13% | — |
| 2017 | $783,835↓91% | $12,231,863↓4% | $164,364,006↑4% | — |
| 2016 | $8,818,559↑67% | $12,706,630↓26% | $158,459,709↓2% | — |
| 2015 | $5,284,086↓97% | $17,277,505↑7046% | $161,923,207↓2% | — |
| 2014 | $165,599,943 | $241,776 | $165,885,794↑16588579300% | — |
| 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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