EHealth CareEIN: 522112929· Ruling Year: 2022

Northbay Education Inc

North East, Maryland

B+Health Score
72B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 2 peers in Health Care with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.56×
Peer Median29.34×
💰
$8.1M
Total Revenue
📊
$9.7M
Total Expenses
🏦
$24.9M
Net Assets
📋
$1.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+10.0%
Year-over-year change (2022 → 2023)
Net Margin
-20.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.56
Net assets divided by total expenses
Liabilities-to-Assets
4.5%
Total liabilities as % of total assets

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$8,094,99710%$9,737,94220%$26,053,19016%
2022$7,359,19722%$8,096,12529%$30,863,5163%
2013$6,008,6118%$6,299,49882%$29,887,016
2012$6,549,74937%$34,483,475350%$29,992,20065%
2011$10,388,750$7,667,036$86,519,431

Frequently Asked Questions

What does Northbay Education Inc do?

Northbay Education Inc is a health care nonprofit organization based in Maryland. It is classified under NTEE code E40 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Northbay Education Inc financially healthy?

Based on our 9-metric Financial Health Score model, Northbay Education Inc has a score of 72/100 (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 Northbay Education Inc generate?

Northbay Education Inc reports $9.5M in annual revenue and holds $25.4M in total assets, based on IRS filings.

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Northbay Education Inc — North East, MD | GiveScope