ZUnclassifiedEIN: 566085497· Ruling Year: 1967

Kerr-vance Academy

Henderson, North Carolina

B+Health Score
70B+

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 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.81×
Peer Median15.40×
💰
$2.3M
Total Revenue
📊
$1.5M
Total Expenses
🏦
$1.2M
Net Assets
📋
$575K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+43.1%
Year-over-year change (2021 → 2022)
Net Margin
+33.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.81
Net assets divided by total expenses
Liabilities-to-Assets
32.0%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2022$2,267,45743%$1,511,71213%$1,797,32632%
2021$1,584,51635%$1,746,62510%$2,635,4442%
2020$2,441,8398%$1,929,9989%$2,677,66210%
2019$2,257,0734%$2,132,1935%$2,432,34414%
2018$2,179,4256%$2,248,7815%$2,843,7189%
2017$2,328,21911%$2,378,6725%$2,609,6828%
2016$2,627,42814%$2,503,7791%$2,843,0805%
2015$3,043,7934%$2,533,34120%$2,998,719
2014$2,914,13217%$3,166,6318%$2,998,9806%
2013$3,516,3563%$3,440,1069%$3,207,3387%
2012$3,614,173$3,790,621$3,441,954

Frequently Asked Questions

What does Kerr-vance Academy do?

Kerr-vance Academy 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 Kerr-vance Academy financially healthy?

Based on our 9-metric Financial Health Score model, Kerr-vance Academy has a score of 70/100 (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 Kerr-vance Academy generate?

Kerr-vance Academy reports $1.7M in annual revenue and holds $1.3M in total assets, based on IRS filings.

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