BEducationEIN: 464192980· Ruling Year: 2017

Gate City Charter Academy Inc

Greensboro, North Carolina

B-Health Score
50B-

Financial Health Score

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

Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.01×
Peer Median20.77×
💰
$8.4M
Total Revenue
📊
$8.4M
Total Expenses
🏦
$126K
Net Assets
📋
$1.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+6.6%
Year-over-year change (2022 → 2023)
Net Margin
+0.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.01
Net assets divided by total expenses
Liabilities-to-Assets
90.7%
Total liabilities as % of total assets

Filing History

7 filings on record
YearRevenueExpensesAssets
2023$8,406,3127%$8,391,6807%$1,346,5678%
2022$7,888,8275%$7,806,5244%$1,252,52116%
2021$7,517,00814%$7,521,97714%$1,081,786135%
2020$6,601,8062%$6,587,2522%$459,7052%
2019$6,463,68118%$6,464,22518%$471,204614%
2018$5,482,33038%$5,474,89038%$66,03433%
2017$3,966,349$3,953,908$49,758

Frequently Asked Questions

What does Gate City Charter Academy Inc do?

Gate City Charter Academy Inc is a education nonprofit organization based in North Carolina. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Gate City Charter Academy Inc financially healthy?

Based on our 9-metric Financial Health Score model, Gate City Charter Academy Inc has a score of 50/100 (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 Gate City Charter Academy Inc generate?

Gate City Charter Academy Inc reports $8.8M in annual revenue and holds $1.6M in total assets, based on IRS filings.

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