GDiseases, Disorders & Medical DisciplinesEIN: 203768277· Ruling Year: 2006

24 Foundation Inc

Charlotte, North Carolina

A-Health Score
76A-

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 2 peers in Diseases, Disorders & Medical Disciplines with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.60×
Peer Median31.03×
💰
$1.8M
Total Revenue
📊
$1.3M
Total Expenses
🏦
$771K
Net Assets
📋
$431K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+24.6%
Year-over-year change (2022 → 2023)
Net Margin
+28.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.60
Net assets divided by total expenses
Liabilities-to-Assets
35.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,798,50425%$1,279,05713%$1,202,07016%
2022$1,443,3426%$1,130,78415%$1,038,0194%
2021$1,362,20312%$987,10163%$1,081,8851%
2020$1,541,14213%$2,700,22160%$1,087,81535%
2019$1,766,35422%$1,683,43810%$803,69325%
2018$2,255,1456%$1,862,8217%$1,076,3366%
2017$2,410,99912%$1,736,44144%$1,019,25729%
2016$2,158,3983%$3,087,330109%$789,6727%
2015$2,101,80327%$1,478,35356%$851,10616%
2014$2,867,78118%$3,330,57945%$1,008,880145%
2013$2,421,7565%$2,290,94710%$412,36012%
2012$2,550,27316%$2,548,95722%$368,72112%
2011$2,206,409$2,085,899$328,837

Frequently Asked Questions

What does 24 Foundation Inc do?

24 Foundation Inc is a diseases, disorders & medical disciplines nonprofit organization based in North Carolina. It is classified under NTEE code G12 and is registered as a 501(c) tax-exempt organization with the IRS.

Is 24 Foundation Inc financially healthy?

Based on our 9-metric Financial Health Score model, 24 Foundation Inc has a score of 76/100 (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 24 Foundation Inc generate?

24 Foundation Inc reports $2.5M in annual revenue and holds $1.9M in total assets, based on IRS filings.

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