Next Generation Academy Inc
Rutherfordton, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
6 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $6,159,342↑11% | $5,722,206↑8% | $2,194,293↑328% | |
| 2022 | $5,535,592↑91% | $5,285,497↑72% | $512,660↑97% | — |
| 2021 | $2,894,979↑28% | $3,073,545↑45% | $260,494↑25% | — |
| 2020 | $2,266,966↑68% | $2,113,705↑3% | $207,988↓32% | — |
| 2019 | $1,350,261 | $2,047,775 | $304,451 | — |
| 2018 | $1,350,261 | $2,047,775 | $304,451 | — |
Frequently Asked Questions
What does Next Generation Academy Inc do?▼
Next Generation 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 Next Generation Academy Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Next Generation Academy Inc has a score of 59/100 (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 Next Generation Academy Inc generate?▼
Next Generation Academy Inc reports $6.9M in annual revenue and holds $835K in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Education category, or browse all nonprofits in North Carolina.