BEducationEIN: 561676066· Ruling Year: 1990

Noble Academy

Greensboro, 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 Org1.92×
Peer Median20.77×
💰
$4.5M
Total Revenue
📊
$4.7M
Total Expenses
🏦
$9.1M
Net Assets
📋
$3.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-5.3%
Year-over-year change (2023 → 2024)
Net Margin
-4.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.92
Net assets divided by total expenses
Liabilities-to-Assets
26.5%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$4,502,8525%$4,720,0574%$12,312,355
2023$4,753,72611%$4,544,7116%$12,277,4713%
2022$4,273,4373%$4,282,3754%$11,946,4881%
2021$4,421,54615%$4,127,3637%$12,100,0567%
2020$3,854,5506%$3,841,9996%$11,274,3341%
2019$3,643,15715%$3,635,3001%$11,153,2342%
2018$4,302,43615%$3,590,815$10,903,4839%
2017$3,741,16811%$3,600,8411%$9,993,3191%
2016$3,380,2244%$3,578,5273%$10,084,8272%
2015$3,506,16311%$3,706,3286%$10,332,3435%
2014$3,937,9378%$3,497,60211%$10,882,9523%
2013$3,656,17627%$3,157,15415%$10,551,5167%
2012$2,868,01720%$2,748,58710%$9,833,20713%
2011$3,568,434$2,489,891$8,726,540

Frequently Asked Questions

What does Noble Academy do?

Noble Academy is a education nonprofit organization based in North Carolina. It is classified under NTEE code B28Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Noble Academy financially healthy?

Based on our 9-metric Financial Health Score model, Noble Academy 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 Noble Academy generate?

Noble Academy reports $4.3M in annual revenue and holds $12.6M in total assets, based on IRS filings.

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