BEducationEIN: 873871908· Ruling Year: 2023

Project Kitty Hawk Inc

Chapel Hill, North Carolina

BHealth Score
64B

Financial Health Score

Provisional

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

Above Average

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.66×
Peer Median9.48×
💰
$41.2M
Total Revenue
📊
$16.7M
Total Expenses
🏦
$27.6M
Net Assets
📋
$2.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+930.1%
Year-over-year change (2022 → 2023)
Net Margin
+59.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.66
Net assets divided by total expenses
Liabilities-to-Assets
8.1%
Total liabilities as % of total assets

Filing History

2 filings on record
YearRevenueExpensesAssets
2023$41,231,521930%$16,660,7631660%$30,069,308845%
2022$4,002,500$946,642$3,180,964

Frequently Asked Questions

What does Project Kitty Hawk Inc do?

Project Kitty Hawk 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 Project Kitty Hawk Inc financially healthy?

Based on our 9-metric Financial Health Score model, Project Kitty Hawk Inc has a score of 64/100 (Grade: B). 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 Project Kitty Hawk Inc generate?

Project Kitty Hawk Inc reports $34.7M in annual revenue and holds $42.9M in total assets, based on IRS filings.

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Project Kitty Hawk Inc — Chapel Hill, NC | GiveScope