J โ€” EmploymentEIN: 560840716ยท 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

๐Ÿ’ฐ
$2.2M
Total Revenue
๐Ÿ“Š
$2.2M
Total Expenses
๐Ÿฆ
$1.9M
Net Assets
๐Ÿ“‹
$178K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-9.2%
Year-over-year change (2022 โ†’ 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$2,155,223โ†“9%$2,197,070โ†‘7%$2,044,423โ†“2%
2022$2,373,657โ†‘17%$2,056,578โ†‘9%$2,085,973โ†‘4%
2021$2,036,491โ†‘3%$1,879,136โ†“5%$2,002,920โ†‘24%
2020$1,983,327โ†“23%$1,974,943โ†“20%$1,621,749โ†“1%
2019$2,574,930โ†“6%$2,454,833โ†“3%$1,630,542โ†‘8%
2018$2,746,964โ†‘29%$2,520,340โ†‘20%$1,511,923โ†‘10%
2017$2,128,821โ†“4%$2,104,299โ†“6%$1,368,330โ†“5%
2016$2,207,292โ†‘1%$2,241,431โ†‘4%$1,438,346โ†“2%
2015$2,188,546โ†“2%$2,147,383โ†“5%$1,463,436โ†“7%
2014$2,244,537โ†“5%$2,264,102โ†“5%$1,579,973โ†‘1%
2013$2,358,511โ†“8%$2,391,759โ†“10%$1,558,240โ†“2%
2012$2,557,068โ†“7%$2,657,038โ†“2%$1,594,445โ†“8%
2011$2,751,063$2,709,701$1,724,294

Frequently Asked Questions

What does Gaston Skills Incorporated do?โ–ผ

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?โ–ผ

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?โ–ผ

Gaston Skills Incorporated reports $2.5M in annual revenue and holds $2.1M in total assets, based on IRS filings.

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Gaston Skills Incorporated โ€” Gastonia, NC | GiveScope