Lake Norman Charter School Inc
Rutherfordton, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
How This Organization Compares
Compared to 73 peers in Education with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $29,219,652↑12% | $24,540,777↑2% | $69,234,798↑7% | |
| 2022 | $25,990,344↑3% | $24,026,406↑2% | $64,667,649 | — |
| 2021 | $25,126,213↑13% | $23,471,422 | $64,551,351↓1% | — |
| 2020 | $22,291,385↑9% | $23,399,420↑22% | $65,044,761↑3% | — |
| 2019 | $20,408,849↑19% | $19,240,605↑3% | $63,298,910↑9% | — |
| 2018 | $17,199,690↑23% | $18,707,213↑34% | $57,864,999↑51% | — |
| 2017 | $13,995,601↑4% | $13,984,791↑11% | $38,323,722↑14% | — |
| 2016 | $13,446,637↑5% | $12,565,560↑2% | $33,565,965↓1% | — |
| 2015 | $12,796,860↑5% | $12,313,499↑3% | $33,852,976 | — |
| 2014 | $12,199,179↑2% | $12,003,146↑6% | $33,888,161 | — |
| 2013 | $11,984,781 | $11,307,204 | $33,987,428↑3398742700% | — |
| 2012 | $0 | $0 | $1 | — |
| 2011 | $0 | $0 | $0 | — |
Frequently Asked Questions
What does Lake Norman Charter School Inc do?▼
Lake Norman Charter School Inc is a education nonprofit organization based in North Carolina. It is classified under NTEE code B24 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lake Norman Charter School Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Lake Norman Charter School Inc has a score of 47/100 (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 Lake Norman Charter School Inc generate?▼
Lake Norman Charter School Inc reports $28.1M in annual revenue and holds $71.3M in total assets, based on IRS filings.
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