Northwestern Regional Library
Elkin, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $3,444,324↑20% | $2,895,232↑6% | $3,427,540↑38% | |
| 2022 | $2,866,752↑4% | $2,730,888↑2% | $2,487,968↑7% | — |
| 2021 | $2,751,748↑1% | $2,678,991↓1% | $2,333,593↑10% | — |
| 2020 | $2,725,838↓1% | $2,692,967↑6% | $2,124,197↑4% | — |
| 2019 | $2,752,251↑3% | $2,546,693↑3% | $2,033,279↑18% | — |
| 2018 | $2,682,040↓10% | $2,464,353↓13% | $1,723,584↑6% | — |
| 2017 | $2,990,864↑14% | $2,819,926↑6% | $1,627,128↑33% | — |
| 2016 | $2,623,177↑6% | $2,655,378↑12% | $1,225,386↓9% | — |
| 2015 | $2,469,556↑4% | $2,374,498↓1% | $1,350,262↑26% | — |
| 2014 | $2,380,502↑9% | $2,400,363 | $1,073,380↓75% | — |
| 2013 | $2,190,549↑2% | $2,398,774↓7% | $4,242,413↓5% | — |
| 2012 | $2,158,028 | $2,590,896 | $4,458,165 | — |
Frequently Asked Questions
What does Northwestern Regional Library do?▼
Northwestern Regional Library is a education nonprofit organization based in North Carolina. It is classified under NTEE code B71Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Northwestern Regional Library financially healthy?▼
Based on our 9-metric Financial Health Score model, Northwestern Regional Library has a score of 79/100 (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 Northwestern Regional Library generate?▼
Northwestern Regional Library reports $3.2M in annual revenue and holds $3.4M in total assets, based on IRS filings.
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