Backpack Beginnings
Greensboro, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $4,322,460↑39% | $3,961,858↑58% | $4,529,553↑5% | — |
| 2023 | $3,113,500↑24% | $2,507,895↑107% | $4,301,064↑32% | — |
| 2022 | $2,502,339↑42% | $1,210,007↑25% | $3,251,152↑56% | — |
| 2021 | $1,766,265↑51% | $971,387↑18% | $2,084,855↑70% | — |
| 2020 | $1,171,218↑82% | $821,280↑27% | $1,228,665↑28% | — |
| 2019 | $645,130↓9% | $646,228↑15% | $961,123↓1% | — |
| 2018 | $705,223↑11% | $563,680↑9% | $970,210↑17% | — |
| 2017 | $637,285↑2% | $516,547↑7% | $828,703↑16% | — |
| 2016 | $622,393↑34% | $482,197↑28% | $712,885↑27% | — |
| 2015 | $463,924↓2% | $375,519↑27% | $560,660↑19% | — |
| 2014 | $474,448↑150% | $296,661↑175% | $472,281↑61% | — |
| 2013 | $190,043 | $107,711 | $294,176 | — |
Frequently Asked Questions
What does Backpack Beginnings do?▼
Backpack Beginnings is a human services nonprofit organization based in North Carolina. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Backpack Beginnings financially healthy?▼
Based on our 9-metric Financial Health Score model, Backpack Beginnings has a score of 81/100 (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 Backpack Beginnings generate?▼
Backpack Beginnings reports $5.2M in annual revenue and holds $4.6M in total assets, based on IRS filings.
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