Project 58
Lexington, North Carolina
B-Health Score
53B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$572K
Total Revenue
📊
$585K
Total Expenses
🏦
$4.3M
Net Assets
📋
$3K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-86.2%
Year-over-year change (2021 → 2022)
Net Margin
-2.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
7.34
Net assets divided by total expenses
Liabilities-to-Assets
0.1%
Total liabilities as % of total assets
Filing History
7 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2022 | $571,742↓86% | $585,064↓67% | $4,299,600 | |
| 2021 | $4,143,078↑6273% | $1,751,023↑275% | $4,313,582↑132% | — |
| 2020 | $65,009↓92% | $466,495↓15% | $1,861,499↓18% | — |
| 2019 | $820,263↑103% | $546,154↑14% | $2,262,194↑14% | — |
| 2018 | $403,610↑114% | $477,161↑59% | $1,985,964↓4% | — |
| 2017 | $188,575↓92% | $300,723↑135% | $2,060,875↓5% | — |
| 2016 | $2,299,380 | $127,717 | $2,171,738 | — |
Frequently Asked Questions
What does Project 58 do?▼
Project 58 is a religion-related nonprofit organization based in North Carolina. It is classified under NTEE code X20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Project 58 financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Project 58.
How much revenue does Project 58 generate?▼
Revenue data for Project 58 is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.
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