PHuman ServicesEIN: 461251223· Ruling Year: 2013

Backpack Beginnings

Greensboro, North Carolina

A-Health Score
81A-

Financial Health Score

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

Very Good

💰
$4.3M
Total Revenue
📊
$4.0M
Total Expenses
🏦
$4.1M
Net Assets
📋
$439K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+38.8%
Year-over-year change (2023 → 2024)
Net Margin
+8.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.03
Net assets divided by total expenses
Liabilities-to-Assets
9.7%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2024$4,322,46039%$3,961,85858%$4,529,5535%
2023$3,113,50024%$2,507,895107%$4,301,06432%
2022$2,502,33942%$1,210,00725%$3,251,15256%
2021$1,766,26551%$971,38718%$2,084,85570%
2020$1,171,21882%$821,28027%$1,228,66528%
2019$645,1309%$646,22815%$961,1231%
2018$705,22311%$563,6809%$970,21017%
2017$637,2852%$516,5477%$828,70316%
2016$622,39334%$482,19728%$712,88527%
2015$463,9242%$375,51927%$560,66019%
2014$474,448150%$296,661175%$472,28161%
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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