AArts, Culture & HumanitiesEIN: 562262436· Ruling Year: 2002

Mitchell County Development Foundation Inc

Spruce Pine, North Carolina

DHealth Score
27D

Financial Health Score

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

Poor

8-point penalty for stale filing data

How This Organization Compares

Compared to 2 peers in Arts, Culture & Humanities with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org15.20×
Peer Median210.95×
💰
$20K
Total Revenue
📊
$42K
Total Expenses
🏦
$633K
Net Assets
📋
$3K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-26.7%
Year-over-year change (2016 → 2017)
Net Margin
-103.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
15.20
Net assets divided by total expenses
Liabilities-to-Assets
0.5%
Total liabilities as % of total assets

Filing History

7 filings on record
YearRevenueExpensesAssets
2017$20,44227%$41,6181%$636,0403%
2016$27,88831%$41,35413%$656,8302%
2015$21,22527%$47,6972%$670,8304%
2014$29,16450%$48,78147%$696,8478%
2013$58,00718%$92,135119%$753,368161%
2012$49,21667%$42,07371%$288,2241%
2011$148,610$144,307$290,712

Frequently Asked Questions

What does Mitchell County Development Foundation Inc do?

Mitchell County Development Foundation Inc is a arts, culture & humanities nonprofit organization based in North Carolina. It is classified under NTEE code A65 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Mitchell County Development Foundation Inc financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Mitchell County Development Foundation Inc.

How much revenue does Mitchell County Development Foundation Inc generate?

Mitchell County Development Foundation Inc reports $1.2M in annual revenue and holds $748K in total assets, based on IRS filings.

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