Backpack Friends Inc
Swansboro, North Carolina
B-Health Score
51B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$322K
Total Revenue
📊
$320K
Total Expenses
🏦
$305K
Net Assets
📋
$72
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+15.5%
Year-over-year change (2022 → 2023)
Net Margin
+0.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.95
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets
Filing History
5 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $321,504↑15% | $320,026↑77% | $305,277 | |
| 2022 | $278,362↓14% | $181,282↓28% | $304,473↑45% | — |
| 2021 | $322,076↑24% | $251,935↑34% | $209,318↑53% | — |
| 2020 | $259,185↑85% | $188,639↑155% | $136,506↑101% | — |
| 2019 | $139,993 | $74,033 | $67,958 | — |
Frequently Asked Questions
What does Backpack Friends Inc do?▼
Backpack Friends Inc is a youth development nonprofit organization based in North Carolina. It is classified under NTEE code O99 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Backpack Friends Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Backpack Friends Inc.
How much revenue does Backpack Friends Inc generate?▼
Backpack Friends Inc reports $346K in annual revenue and holds $193K in total assets, based on IRS filings.
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