North Lenoir Water Corporation
Kinston, North Carolina
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 22 peers in Unclassified with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $3,951,251↑5% | $4,000,999↑6% | $22,571,021↓1% | |
| 2022 | $3,775,851↑6% | $3,770,193↑1% | $22,867,037↓2% | — |
| 2021 | $3,574,728↓8% | $3,751,045↑1% | $23,372,151↓3% | — |
| 2020 | $3,900,951↓13% | $3,695,698↓22% | $24,032,383↑2% | — |
| 2019 | $4,508,612↓23% | $4,727,508↓16% | $23,577,590↓3% | — |
| 2018 | $5,846,848↑78% | $5,659,665↑61% | $24,425,891 | — |
| 2017 | $3,288,072↑3% | $3,511,362↑3% | $24,407,509 | — |
| 2016 | $3,184,358↓3% | $3,410,357↑3% | $24,363,343↓1% | — |
| 2015 | $3,279,382↓13% | $3,305,528↑4% | $24,675,893 | — |
| 2014 | $3,749,859↓34% | $3,170,459↑8% | $24,703,207↑10% | — |
| 2013 | $5,719,041↑81% | $2,930,338↑5% | $22,550,570↑18% | — |
| 2012 | $3,152,456↓4% | $2,801,331 | $19,162,224↑18% | — |
| 2011 | $3,279,439 | $2,789,439 | $16,284,526 | — |
Frequently Asked Questions
What does North Lenoir Water Corporation do?▼
North Lenoir Water Corporation is a unclassified nonprofit organization based in North Carolina. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is North Lenoir Water Corporation financially healthy?▼
Based on our 9-metric Financial Health Score model, North Lenoir Water Corporation has a score of 68/100 (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 North Lenoir Water Corporation generate?▼
North Lenoir Water Corporation reports $4.3M in annual revenue and holds $21.7M in total assets, based on IRS filings.
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