BEducationEIN: 561712586· Ruling Year: 1992

Southeastern Academy Inc

Lumberton, North Carolina

B-Health Score
53B-

Financial Health Score

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

Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.15×
Peer Median20.77×
💰
$2.2M
Total Revenue
📊
$2.1M
Total Expenses
🏦
$324K
Net Assets
📋
$1.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2.9%
Year-over-year change (2023 → 2024)
Net Margin
+5.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.15
Net assets divided by total expenses
Liabilities-to-Assets
84.7%
Total liabilities as % of total assets

Filing History

15 filings on record
YearRevenueExpensesAssets
2024$2,240,0813%$2,119,612$2,125,9396%
2023$2,176,2837%$2,119,41513%$1,996,73124%
2022$2,033,5695%$1,869,17010%$1,608,5523%
2021$2,141,76218%$2,085,6538%$1,567,9402%
2020$1,812,171$1,939,4782%$1,604,63811%
2019$1,820,9814%$1,895,6006%$1,441,8084%
2018$1,745,12911%$1,783,97413%$1,387,1305%
2017$1,574,6142%$1,579,91011%$1,454,23621%
2016$1,611,430$1,427,867$1,204,38743%
2015$1,611,86026%$1,432,89115%$845,07538%
2014$1,278,626182%$1,241,247123%$613,76514%
2013$453,7969%$556,5117%$540,67113%
2012$498,7691%$522,0611%$620,7364%
2011$491,59113%$528,8418%$644,4686%
2010$564,964$573,545$687,600

Frequently Asked Questions

What does Southeastern Academy Inc do?

Southeastern Academy Inc is a education nonprofit organization based in North Carolina. It is classified under NTEE code B24Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Southeastern Academy Inc financially healthy?

Based on our 9-metric Financial Health Score model, Southeastern Academy Inc has a score of 53/100 (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 Southeastern Academy Inc generate?

Southeastern Academy Inc reports $2.6M in annual revenue and holds $2.1M in total assets, based on IRS filings.

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