BEducationEIN: 560125490· Ruling Year: 1944

Carolina Day School Inc

Asheville, North Carolina

A-Health Score
79A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.32×
Peer Median9.48×
💰
$21.1M
Total Revenue
📊
$20.7M
Total Expenses
🏦
$27.3M
Net Assets
📋
$6.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-9.5%
Year-over-year change (2022 → 2023)
Net Margin
+1.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.32
Net assets divided by total expenses
Liabilities-to-Assets
20.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$21,051,57010%$20,728,0839%$34,097,9374%
2022$23,274,10717%$19,062,4271%$32,933,64012%
2021$19,874,9475%$18,827,4427%$29,412,889
2020$19,013,8304%$20,151,4061%$29,276,9192%
2019$19,835,5455%$20,414,4596%$28,622,5484%
2018$18,803,6817%$19,186,6326%$29,832,6113%
2017$17,571,9451%$18,120,37812%$30,769,2542%
2016$17,351,9513%$16,142,0947%$31,529,66324%
2015$17,827,65925%$15,060,0208%$25,420,36113%
2014$14,275,9503%$13,917,8952%$22,502,2083%
2013$13,795,5723%$13,663,6861%$21,748,7244%
2012$13,354,8073%$13,551,062$22,571,8841%
2011$13,001,065$13,592,976$22,858,694

Frequently Asked Questions

What does Carolina Day School Inc do?

Carolina Day School Inc is a education nonprofit organization based in North Carolina. It is classified under NTEE code B24Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Carolina Day School Inc financially healthy?

Based on our 9-metric Financial Health Score model, Carolina Day School Inc has a score of 79/100 (Grade: A-). 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 Carolina Day School Inc generate?

Carolina Day School Inc reports $23.5M in annual revenue and holds $35.7M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Education category, or browse all nonprofits in North Carolina.

Carolina Day School Inc — Asheville, NC | GiveScope