J — EmploymentEIN: 560840716· Ruling Year: 1965

Gaston Skills Incorporated

Gastonia, North Carolina

B+Health Score
74B+

Financial Health Score

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

Good

💰
$2.2M
Total Revenue
📊
$2.2M
Total Expenses
🏦
$1.9M
Net Assets
📋
$178K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-9.2%
Year-over-year change (2022 → 2023)
Net Margin
-1.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.85
Net assets divided by total expenses
Liabilities-to-Assets
8.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,155,223↓9%$2,197,070↑7%$2,044,423↓2%
2022$2,373,657↑17%$2,056,578↑9%$2,085,973↑4%
2021$2,036,491↑3%$1,879,136↓5%$2,002,920↑24%
2020$1,983,327↓23%$1,974,943↓20%$1,621,749↓1%
2019$2,574,930↓6%$2,454,833↓3%$1,630,542↑8%
2018$2,746,964↑29%$2,520,340↑20%$1,511,923↑10%
2017$2,128,821↓4%$2,104,299↓6%$1,368,330↓5%
2016$2,207,292↑1%$2,241,431↑4%$1,438,346↓2%
2015$2,188,546↓2%$2,147,383↓5%$1,463,436↓7%
2014$2,244,537↓5%$2,264,102↓5%$1,579,973↑1%
2013$2,358,511↓8%$2,391,759↓10%$1,558,240↓2%
2012$2,557,068↓7%$2,657,038↓2%$1,594,445↓8%
2011$2,751,063$2,709,701$1,724,294

Frequently Asked Questions

What does Gaston Skills Incorporated do?▼

Gaston Skills Incorporated is a employment nonprofit organization based in North Carolina. It is classified under NTEE code J300 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Gaston Skills Incorporated financially healthy?▼

Based on our 9-metric Financial Health Score model, Gaston Skills Incorporated has a score of 74/100 (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 Gaston Skills Incorporated generate?▼

Gaston Skills Incorporated reports $2.3M in annual revenue and holds $2.3M in total assets, based on IRS filings.

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