BEducationEIN: 560989620· Ruling Year: 1972

Winston Salem State University Foundation Incorporated

Winston Salem, North Carolina

B+Health Score
71B+

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 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org8.02×
Peer Median20.77×
💰
$8.7M
Total Revenue
📊
$8.4M
Total Expenses
🏦
$67.2M
Net Assets
📋
$31.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-13.1%
Year-over-year change (2022 → 2023)
Net Margin
+3.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
8.02
Net assets divided by total expenses
Liabilities-to-Assets
32.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$8,698,84313%$8,377,37020%$98,940,0131%
2022$10,006,93373%$6,991,45247%$99,996,0061%
2021$36,998,091433%$4,744,3861%$101,451,94759%
2020$6,940,9639%$4,769,0935%$63,688,7841%
2019$6,388,8831%$5,025,1789%$63,118,3321%
2018$6,297,44014%$4,619,97425%$62,546,8482%
2017$5,511,5328%$6,134,7044%$61,193,1593%
2016$5,114,59810%$6,395,66036%$62,954,03021%
2015$4,632,00614%$4,702,09616%$80,144,2671%
2014$5,363,81034%$5,566,1468%$79,598,4954%
2013$8,078,88345%$5,138,4554%$82,753,74931%
2012$5,578,40234%$4,950,27714%$63,296,4621%
2011$4,150,381$4,343,634$62,566,578

Frequently Asked Questions

What does Winston Salem State University Foundation Incorporated do?

Winston Salem State University Foundation Incorporated is a education nonprofit organization based in North Carolina. It is classified under NTEE code B110 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Winston Salem State University Foundation Incorporated financially healthy?

Based on our 9-metric Financial Health Score model, Winston Salem State University Foundation Incorporated has a score of 71/100 (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 Winston Salem State University Foundation Incorporated generate?

Winston Salem State University Foundation Incorporated reports $9.0M in annual revenue and holds $97.9M in total assets, based on IRS filings.

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Winston Salem State University Foundation Incorporated — Winston Salem, NC | GiveScope