BEducationEIN: 464978300· Ruling Year: 2015

Northeast Academy For Aerospace & Advanced Technologies

Elizabeth Cty, North Carolina

B-Health Score
52B-

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 Org0.16×
Peer Median20.77×
💰
$9.0M
Total Revenue
📊
$8.8M
Total Expenses
🏦
$1.4M
Net Assets
📋
$15.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+13.3%
Year-over-year change (2022 → 2023)
Net Margin
+2.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.16
Net assets divided by total expenses
Liabilities-to-Assets
91.9%
Total liabilities as % of total assets

Filing History

8 filings on record
YearRevenueExpensesAssets
2023$9,027,07513%$8,816,94310%$17,324,04214%
2022$7,966,6953%$8,008,54014%$15,141,6353%
2021$8,234,29940%$7,036,23923%$14,668,17826%
2020$5,892,06342%$5,711,54834%$11,619,893159%
2019$4,136,18527%$4,262,20722%$4,485,23932%
2018$3,253,89539%$3,500,45359%$3,387,414200%
2017$2,338,949108%$2,202,601116%$1,130,23375%
2016$1,123,945$1,019,646$645,774

Frequently Asked Questions

What does Northeast Academy For Aerospace & Advanced Technologies do?

Northeast Academy For Aerospace & Advanced Technologies is a education nonprofit organization based in North Carolina. It is classified under NTEE code B25 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Northeast Academy For Aerospace & Advanced Technologies financially healthy?

Based on our 9-metric Financial Health Score model, Northeast Academy For Aerospace & Advanced Technologies has a score of 52/100 (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 Northeast Academy For Aerospace & Advanced Technologies generate?

Northeast Academy For Aerospace & Advanced Technologies reports $9.4M in annual revenue and holds $17.6M in total assets, based on IRS filings.

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