New Independence Academy
Goldsboro, North Carolina
B-Health Score
51B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$212K
Total Revenue
📊
$289K
Total Expenses
🏦
$124K
Net Assets
📋
$5K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-4.2%
Year-over-year change (2022 → 2023)
Net Margin
-36.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.43
Net assets divided by total expenses
Liabilities-to-Assets
3.6%
Total liabilities as % of total assets
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $212,171↓4% | $289,314↑6% | $128,883↓39% | |
| 2022 | $221,585↓7% | $271,660↑26% | $210,038↓18% | — |
| 2021 | $237,936↑3% | $216,078↓6% | $256,544↑44% | — |
| 2020 | $232,026↓16% | $229,487↓16% | $178,449↑2% | — |
| 2019 | $276,309↑2% | $274,583↑38% | $174,159↓1% | — |
| 2018 | $269,666↑23% | $199,483↑17% | $176,296↑67% | — |
| 2017 | $219,563↑35% | $169,933↓4% | $105,508↑99% | — |
| 2016 | $162,533↓25% | $176,715↑6% | $53,050↓27% | — |
| 2015 | $216,623↑141% | $166,374↑127% | $72,909↑284% | — |
| 2014 | $89,823 | $73,396 | $19,002 | — |
Frequently Asked Questions
What does New Independence Academy do?▼
New Independence Academy is a education nonprofit organization based in North Carolina. It is classified under NTEE code B28 and is registered as a 501(c) tax-exempt organization with the IRS.
Is New Independence Academy financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for New Independence Academy.
How much revenue does New Independence Academy generate?▼
New Independence Academy reports $212K in annual revenue and holds $129K in total assets, based on IRS filings.
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