B — EducationEIN: 844902334

Ncinnovation INC

Rtp, North Carolina

A-Health Score
75A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 492 peers in Education with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org8.54×
Peer Median1.96×
💰
$10.3M
Total Revenue
📊
$2.2M
Total Expenses
🏦
$18.4M
Net Assets
📋
$19K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+487.6%
Year-over-year change (2022 → 2023)
Net Margin
+79.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
8.54
Net assets divided by total expenses
Liabilities-to-Assets
0.1%
Total liabilities as % of total assets

Filing History

4 filings on record
YearRevenueExpensesAssets
2023$10,283,256↑488%$2,153,367↑441%$18,408,832↑284%
2022$1,750,000↓51%$397,780↑62%$4,795,472↑34%
2021$3,600,000↑3500%$245,800↑2145%$3,583,262↑3448%
2020$100,000$10,948$100,991

Frequently Asked Questions

What does Ncinnovation INC do?▼

Ncinnovation INC is a education nonprofit organization based in North Carolina. It is classified under NTEE code B19 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Ncinnovation INC financially healthy?▼

Based on our 9-metric Financial Health Score model, Ncinnovation INC has a score of 75/100 (Grade: A-). 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 Ncinnovation INC generate?▼

Ncinnovation INC reports $259.1M in annual revenue and holds $272.9M in total assets, based on IRS filings.

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