BEducationEIN: 800899073· Ruling Year: 2017

Matthews Charter Academy

Matthews, North Carolina

B-Health Score
45B-

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 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.02×
Peer Median20.77×
💰
$8.5M
Total Revenue
📊
$8.5M
Total Expenses
🏦
$143K
Net Assets
📋
$622K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+1.8%
Year-over-year change (2022 → 2023)
Net Margin
-0.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.02
Net assets divided by total expenses
Liabilities-to-Assets
81.3%
Total liabilities as % of total assets

Filing History

7 filings on record
YearRevenueExpensesAssets
2023$8,511,3982%$8,517,2903%$764,99113%
2022$8,360,3185%$8,273,3934%$878,2061%
2021$7,954,90913%$7,941,56913%$887,86074%
2020$7,018,5531%$7,002,6041%$510,695416%
2019$6,948,67421%$6,949,60022%$98,99666%
2018$5,725,58827%$5,719,44828%$290,44942%
2017$4,491,647$4,463,918$204,728

Frequently Asked Questions

What does Matthews Charter Academy do?

Matthews Charter Academy is a education nonprofit organization based in North Carolina. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Matthews Charter Academy financially healthy?

Based on our 9-metric Financial Health Score model, Matthews Charter Academy has a score of 45/100 (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 Matthews Charter Academy generate?

Matthews Charter Academy reports $9.5M in annual revenue and holds $1.5M in total assets, based on IRS filings.

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