B — EducationEIN: 275002997· Ruling Year: 2011

Corolla Education Foundation

Rutherfordton, North Carolina

A-Health Score
78A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.85×
Peer Median20.77×
💰
$1.2M
Total Revenue
📊
$545K
Total Expenses
🏦
$1.6M
Net Assets
📋
$3K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+53.7%
Year-over-year change (2022 → 2023)
Net Margin
+54.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.85
Net assets divided by total expenses
Liabilities-to-Assets
0.2%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$1,197,260↑54%$545,243↑6%$1,557,964↑72%
2022$778,806↑44%$512,205↑8%$903,769↑42%
2021$539,784↑14%$473,212↑16%$637,934↑12%
2020$474,302↑4%$407,797↑10%$570,702↑13%
2019$457,348↑16%$370,737↑11%$503,949↑21%
2018$395,393↑4%$335,018↑18%$417,468↑16%
2017$380,438↑26%$283,324↑30%$361,193↑39%
2016$302,586↑45%$218,129↑24%$259,794↑48%
2015$209,077↓13%$175,606↑5%$175,308↑22%
2014$240,308↑26%$166,809↑8%$143,643↑108%
2013$191,043↑444%$154,599↑6440%$69,114↑105%
2012$35,126$2,364$33,763

Frequently Asked Questions

What does Corolla Education Foundation do?▼

Corolla Education Foundation 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 Corolla Education Foundation financially healthy?▼

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Corolla Education Foundation.

How much revenue does Corolla Education Foundation generate?▼

Corolla Education Foundation reports $1.5M in annual revenue and holds $3.4M in total assets, based on IRS filings.

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