BEducationEIN: 560650623· Ruling Year: 1955

Nc Student Aid Association Inc

Raleigh, North Carolina

A-Health Score
79A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.98×
Peer Median9.48×
💰
$34.9M
Total Revenue
📊
$40.0M
Total Expenses
🏦
$79.2M
Net Assets
📋
$35.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-2.8%
Year-over-year change (2022 → 2023)
Net Margin
-14.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.98
Net assets divided by total expenses
Liabilities-to-Assets
30.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$34,945,2073%$40,016,94989%$114,223,3503%
2022$35,950,19451%$21,214,46156%$117,853,35115%
2021$23,877,66815%$48,072,41984%$102,296,5573%
2020$28,033,5912%$26,155,4533%$99,629,3892%
2019$27,417,70812%$25,392,1033%$101,491,5672%
2018$24,477,8587%$24,607,4014%$99,305,6786%
2017$22,883,8684%$23,648,4394%$105,897,2532%
2016$23,739,14614%$24,620,22527%$108,476,7545%
2015$20,812,06815%$33,585,34171%$113,601,3303%
2014$24,494,37231%$19,678,66410%$116,935,1049%
2013$18,747,40436%$21,868,07216%$106,931,7743%
2012$29,486,57555%$18,803,4862%$110,179,80419%
2011$19,056,497$18,482,034$135,403,302

Frequently Asked Questions

What does Nc Student Aid Association Inc do?

Nc Student Aid Association Inc is a education nonprofit organization based in North Carolina. It is classified under NTEE code B820 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Nc Student Aid Association Inc financially healthy?

Based on our 9-metric Financial Health Score model, Nc Student Aid Association Inc has a score of 79/100 (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 Nc Student Aid Association Inc generate?

Nc Student Aid Association Inc reports $32.6M in annual revenue and holds $123.7M in total assets, based on IRS filings.

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