ZUnclassifiedEIN: 561881015· Ruling Year: 1994

Leonard G Herring Family Foundation Inc

Wilkesboro, North Carolina

A-Health Score
75A-

Financial Health Score

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

Very Good

💰
$3.4M
Total Revenue
📊
$2.0M
Total Expenses
🏦
$23.2M
Net Assets
📋
$1
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+86.0%
Year-over-year change (2021 → 2022)
Net Margin
+41.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
11.47
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

9 filings on record
YearRevenueExpensesAssets
2022$3,442,99286%$2,017,70643%$23,151,6203%
2021$1,850,888159%$1,407,5965%$22,462,0403%
2020$713,6663%$1,475,6532%$21,741,9425%
2019$736,12151%$1,451,31012%$22,785,64615%
2015$1,504,39632%$1,300,6709%$19,738,1601%
2014$2,199,061158%$1,189,1223%$19,526,7596%
2013$852,61265%$1,156,33055%$18,491,5491%
2012$2,408,77112%$744,65939%$18,755,26310%
2011$2,726,625$1,224,192$17,056,818

Frequently Asked Questions

What does Leonard G Herring Family Foundation Inc do?

Leonard G Herring Family Foundation Inc 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 Leonard G Herring Family Foundation Inc financially healthy?

Based on our 9-metric Financial Health Score model, Leonard G Herring Family Foundation Inc has a score of 75/100 (Grade: A-). 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 Leonard G Herring Family Foundation Inc generate?

Revenue data for Leonard G Herring Family Foundation Inc is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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