B โ€” EducationEIN: 863224686ยท Ruling Year: 2022

New North Carolina Project

Concord, North Carolina

BHealth Score
56B

Financial Health Score

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

Above Average

๐Ÿ’ฐ
$596K
Total Revenue
๐Ÿ“Š
$291K
Total Expenses
๐Ÿฆ
$518K
Net Assets
๐Ÿ“‹
$114K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-4.5%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+51.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.78
Net assets divided by total expenses
Liabilities-to-Assets
18.0%
Total liabilities as % of total assets

Filing History

3 filings on record
YearRevenueExpensesAssets
2023$595,750โ†“5%$291,205โ†“70%$632,118โ†‘107%
2022$624,116โ†“13%$958,070โ†‘303%$305,229โ†“51%
2021$715,700$237,525$624,308

Frequently Asked Questions

What does New North Carolina Project do?โ–ผ

New North Carolina Project is a education nonprofit organization based in North Carolina. It is classified under NTEE code B90 and is registered as a 501(c) tax-exempt organization with the IRS.

Is New North Carolina Project financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for New North Carolina Project.

How much revenue does New North Carolina Project generate?โ–ผ

New North Carolina Project reports $420K in annual revenue and holds $354K in total assets, based on IRS filings.

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New North Carolina Project โ€” Concord, NC | GiveScope