Advance North Carolina Inc
Raleigh, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
8 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2022 | $1,758,556โ114% | $1,978,388โ109% | $2,651,578โ39% | |
| 2021 | $822,828โ76% | $948,089โ46% | $1,914,392โ10% | โ |
| 2020 | $3,386,511โ503% | $1,741,344โ388% | $2,127,978โ484% | โ |
| 2019 | $561,341โ32% | $356,626โ5% | $364,070โ132% | โ |
| 2018 | $423,848โ155% | $373,838โ65% | $156,934โ46% | โ |
| 2017 | $165,990โ69% | $227,153โ48% | $107,797โ36% | โ |
| 2016 | $536,851โ420% | $437,321โ616% | $169,165โ300% | โ |
| 2015 | $103,325 | $61,070 | $42,255 | โ |
Frequently Asked Questions
What does Advance North Carolina Inc do?โผ
Advance North Carolina Inc is a community improvement & capacity building nonprofit organization based in North Carolina. It is classified under NTEE code S30 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Advance North Carolina Inc financially healthy?โผ
Based on our 9-metric Financial Health Score model, Advance North Carolina Inc has a score of 56/100 (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 Advance North Carolina Inc generate?โผ
Advance North Carolina Inc reports $3.5M in annual revenue and holds $4.2M in total assets, based on IRS filings.
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