S โ€” Community Improvement & Capacity BuildingEIN: 472740671ยท Ruling Year: 2015

Advance North Carolina Inc

Raleigh, North Carolina

BHealth Score
56B

Financial Health Score

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

Above Average

๐Ÿ’ฐ
$1.8M
Total Revenue
๐Ÿ“Š
$2.0M
Total Expenses
๐Ÿฆ
$1.7M
Net Assets
๐Ÿ“‹
$975K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+113.7%
Year-over-year change (2021 โ†’ 2022)
Net Margin
-12.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.85
Net assets divided by total expenses
Liabilities-to-Assets
36.8%
Total liabilities as % of total assets

Filing History

8 filings on record
YearRevenueExpensesAssets
2022$1,758,556โ†‘114%$1,978,388โ†‘109%$2,651,578โ†‘39%
2021$822,828โ†“76%$948,089โ†“46%$1,914,392โ†“10%
2020$3,386,511โ†‘503%$1,741,344โ†‘388%$2,127,978โ†‘484%
2019$561,341โ†‘32%$356,626โ†“5%$364,070โ†‘132%
2018$423,848โ†‘155%$373,838โ†‘65%$156,934โ†‘46%
2017$165,990โ†“69%$227,153โ†“48%$107,797โ†“36%
2016$536,851โ†‘420%$437,321โ†‘616%$169,165โ†‘300%
2015$103,325$61,070$42,255

Frequently Asked Questions

What does Advance North Carolina Inc do?โ–ผ

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?โ–ผ

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?โ–ผ

Advance North Carolina Inc reports $3.5M in annual revenue and holds $4.2M in total assets, based on IRS filings.

Advance North Carolina Inc โ€” Raleigh, NC | GiveScope