ZUnclassifiedEIN: 591719434· Ruling Year: 1977

Piedmont Residential Development Center Inc

Concord, North Carolina

BHealth Score
63B

Financial Health Score

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

Above Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.29×
Peer Median15.40×
💰
$4.4M
Total Revenue
📊
$4.8M
Total Expenses
🏦
$1.4M
Net Assets
📋
$447K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+0.8%
Year-over-year change (2023 → 2024)
Net Margin
-8.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.29
Net assets divided by total expenses
Liabilities-to-Assets
24.4%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$4,429,0341%$4,786,98015%$1,832,81317%
2023$4,394,9883%$4,177,25810%$2,199,61812%
2022$4,285,8646%$3,791,09410%$1,972,10026%
2021$4,034,59025%$3,451,5757%$1,561,24263%
2020$3,222,4987%$3,219,8197%$956,6913%
2019$3,008,0185%$3,008,0173%$930,7991%
2018$3,175,7807%$3,097,6922%$936,81962%
2017$2,980,704$3,029,1712%$578,4938%
2016$2,990,2861%$3,083,9376%$631,61016%
2015$2,964,6591%$2,906,578$755,9414%
2014$2,923,8661%$2,908,4562%$730,3382%
2013$2,894,587$2,853,8602%$716,17511%
2012$2,888,2293%$2,924,2633%$645,70021%
2011$2,810,392$2,846,532$821,271

Frequently Asked Questions

What does Piedmont Residential Development Center Inc do?

Piedmont Residential Development Center Inc 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 Piedmont Residential Development Center Inc financially healthy?

Based on our 9-metric Financial Health Score model, Piedmont Residential Development Center Inc has a score of 63/100 (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 Piedmont Residential Development Center Inc generate?

Piedmont Residential Development Center Inc reports $4.4M in annual revenue and holds $1.9M in total assets, based on IRS filings.

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Piedmont Residential Development Center Inc — Concord, NC | GiveScope