LHousing & ShelterEIN: 471775761· Ruling Year: 2016

Community Advancement And Redevelopment Enterprises Inc

Monroe, North Carolina

B+Health Score
71B+

Financial Health Score

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

Good

💰
$340K
Total Revenue
📊
$386K
Total Expenses
🏦
$3.7M
Net Assets
📋
$71K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+13.1%
Year-over-year change (2022 → 2023)
Net Margin
-13.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
9.47
Net assets divided by total expenses
Liabilities-to-Assets
1.9%
Total liabilities as % of total assets

Filing History

8 filings on record
YearRevenueExpensesAssets
2023$339,81713%$385,65150%$3,721,966
2022$300,572472%$257,132459%$3,732,5735%
2021$52,519$46,002$3,556,23987406%
2020$0$0100%$4,064
2019$0$3,084220%$4,06443%
2018$0100%$96337%$7,14912%
2017$1,37386%$70471%$8,1129%
2016$9,882$2,439$7,443

Frequently Asked Questions

What does Community Advancement And Redevelopment Enterprises Inc do?

Community Advancement And Redevelopment Enterprises Inc is a housing & shelter nonprofit organization based in North Carolina. It is classified under NTEE code L80 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Community Advancement And Redevelopment Enterprises Inc financially healthy?

Based on our 9-metric Financial Health Score model, Community Advancement And Redevelopment Enterprises Inc has a score of 71/100 (Grade: B+). 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 Community Advancement And Redevelopment Enterprises Inc generate?

Community Advancement And Redevelopment Enterprises Inc reports $2.6M in annual revenue and holds $7.9M in total assets, based on IRS filings.

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