EHealth CareEIN: 582055709· Ruling Year: 1993

Northeast Foundation Inc

Concord, North Carolina

B+Health Score
69B+

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 2 peers in Health Care with $1M-$10M revenue

💰
$2.7M
Total Revenue
📊
$1.1M
Total Expenses
🏦
$26.9M
Net Assets
📋
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+88.6%
Year-over-year change (2022 → 2023)
Net Margin
+58.7%
Revenue minus expenses as % of revenue

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,722,39689%$1,124,55642%$26,901,08214%
2022$1,443,74865%$1,933,84032%$23,524,11517%
2021$4,085,420100%$1,460,35939%$28,281,32614%
2020$2,045,62710%$1,048,35424%$24,793,28813%
2019$2,278,86413%$1,375,90513%$21,959,76317%
2018$2,620,96884%$1,221,85522%$18,805,5554%
2017$1,428,0323%$1,567,95952%$19,545,1617%
2016$1,386,48311%$1,031,928119%$18,303,1536%
2015$1,550,99118%$471,12645%$17,212,2041%
2014$1,894,26450%$852,32164%$17,022,1557%
2013$3,752,0137%$2,361,61934%$15,940,52539%
2012$3,510,74722%$1,768,00943%$11,433,9073%
2011$2,876,960$3,111,099$11,145,281

Frequently Asked Questions

What does Northeast Foundation Inc do?

Northeast Foundation Inc is a health care nonprofit organization based in North Carolina. It is classified under NTEE code E110 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Northeast Foundation Inc financially healthy?

Based on our 9-metric Financial Health Score model, Northeast Foundation Inc has a score of 69/100 (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 Northeast Foundation Inc generate?

Northeast Foundation Inc reports $3.0M in annual revenue and holds $29.9M in total assets, based on IRS filings.

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