BEducationEIN: 560935064· Ruling Year: 1970

Cannon School Inc

Concord, North Carolina

AHealth Score
89A

Financial Health Score

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

Excellent

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org1.43×
Peer Median9.48×
💰
$35.3M
Total Revenue
📊
$30.2M
Total Expenses
🏦
$43.3M
Net Assets
📋
$13.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+23.7%
Year-over-year change (2022 → 2023)
Net Margin
+14.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.43
Net assets divided by total expenses
Liabilities-to-Assets
23.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$35,341,90524%$30,197,13510%$56,858,6059%
2022$28,580,8346%$27,449,8307%$52,291,4494%
2021$27,041,58110%$25,630,1869%$54,359,62910%
2020$24,487,5351%$23,485,690$49,466,6503%
2019$24,293,6255%$23,577,5518%$50,778,6643%
2018$23,078,1149%$21,921,6993%$49,074,9098%
2017$25,477,90921%$21,291,4455%$45,291,20611%
2016$20,977,975$20,285,0426%$40,724,6762%
2015$20,981,3724%$19,136,5949%$39,975,2111%
2014$20,205,61411%$17,629,6616%$39,599,1567%
2013$22,582,73841%$16,663,9255%$37,169,70919%
2012$16,032,27511%$15,815,90512%$31,134,797
2011$14,448,238$14,174,207$31,003,725

Frequently Asked Questions

What does Cannon School Inc do?

Cannon School Inc is a education nonprofit organization based in North Carolina. It is classified under NTEE code B24Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Cannon School Inc financially healthy?

Based on our 9-metric Financial Health Score model, Cannon School Inc has a score of 89/100 (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 Cannon School Inc generate?

Cannon School Inc reports $31.8M in annual revenue and holds $58.1M in total assets, based on IRS filings.

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