L โ€” Housing & ShelterEIN: 581394455ยท Ruling Year: 1980

Korner Homes Inc

Winstonsalem, North Carolina

BHealth Score
56B

Financial Health Score

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

Above Average

๐Ÿ’ฐ
$776K
Total Revenue
๐Ÿ“Š
$686K
Total Expenses
๐Ÿฆ
-$760K
Net Assets
๐Ÿ“‹
$2.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2.4%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+11.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
-1.11
Net assets divided by total expenses
Liabilities-to-Assets
152.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$775,589โ†‘2%$685,755โ†“4%$1,440,247
2022$757,095โ†‘1%$716,499โ†“2%$1,445,536โ†“3%
2021$750,120โ†‘6%$728,817โ†‘10%$1,490,003โ†“4%
2020$710,360โ†‘2%$660,529โ†“3%$1,557,835
2019$695,849โ†“1%$678,322โ†‘5%$1,556,417โ†“2%
2018$702,774โ†‘2%$646,775โ†“1%$1,581,179โ†“4%
2017$688,893โ†‘3%$651,044โ†‘2%$1,643,059โ†‘3%
2016$671,603$640,890$1,601,297โ†“2%
2015$674,053โ†‘1%$642,938โ†“3%$1,632,415โ†“1%
2014$664,501โ†‘2%$661,979โ†‘1%$1,651,425โ†“1%
2013$652,657โ†‘1%$656,246โ†“13%$1,669,171โ†“3%
2012$647,776โ†‘2%$755,758โ†‘4%$1,723,067โ†“6%
2011$635,163$727,509$1,841,517

Frequently Asked Questions

What does Korner Homes Inc do?โ–ผ

Korner Homes Inc is a housing & shelter nonprofit organization based in North Carolina. It is classified under NTEE code L22Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Korner Homes Inc financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Korner Homes Inc.

How much revenue does Korner Homes Inc generate?โ–ผ

Korner Homes Inc reports $831K in annual revenue and holds $1.6M in total assets, based on IRS filings.

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Korner Homes Inc โ€” Winstonsalem, NC | GiveScope