BEducationEIN: 822827429· Ruling Year: 2018

Vela Institute Inc

Boone, North Carolina

CHealth Score
43C

Financial Health Score

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

Below Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org-0.07×
Peer Median20.77×
💰
$1.2M
Total Revenue
📊
$1.2M
Total Expenses
🏦
-$92K
Net Assets
📋
$147K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+19.2%
Year-over-year change (2022 → 2023)
Net Margin
-6.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.07
Net assets divided by total expenses
Liabilities-to-Assets
267.8%
Total liabilities as % of total assets

Filing History

6 filings on record
YearRevenueExpensesAssets
2023$1,166,64019%$1,240,29729%$55,02658%
2022$978,99833%$959,74243%$131,2475%
2021$736,35180%$672,14318%$124,491161%
2020$408,75112%$571,30145%$47,78321%
2019$464,211175%$392,954118%$60,4331310%
2018$168,942$179,952$4,287

Frequently Asked Questions

What does Vela Institute Inc do?

Vela Institute Inc is a education nonprofit organization based in North Carolina. It is classified under NTEE code B84 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Vela Institute Inc financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Vela Institute Inc.

How much revenue does Vela Institute Inc generate?

Vela Institute Inc reports $1.7M in annual revenue and holds $418K in total assets, based on IRS filings.

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