BEducationEIN: 561070364· Ruling Year: 2023

Forsyth Technical Community College Foundation Inc

Winston Salem, North Carolina

BHealth Score
60B

Financial Health Score

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

Above Average

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org9.04×
Peer Median20.77×
💰
$1.7M
Total Revenue
📊
$1.7M
Total Expenses
🏦
$15.6M
Net Assets
📋
$25K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-26.5%
Year-over-year change (2023 → 2024)
Net Margin
+0.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
9.04
Net assets divided by total expenses
Liabilities-to-Assets
0.2%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$1,728,32326%$1,726,11533%$15,627,0838%
2023$2,351,37021%$2,561,05441%$14,533,3353%
2022$2,983,27385%$1,821,0203%$14,112,9499%
2021$1,610,00113%$1,763,10114%$15,510,67113%
2020$1,430,15264%$2,047,57953%$13,696,0556%
2019$4,007,07134%$1,336,79242%$14,557,8332%
2018$6,073,17496%$2,302,31256%$14,340,60326%
2017$3,099,20948%$1,474,710135%$11,368,49926%
2016$2,094,845114%$627,49575%$9,004,03292%
2015$980,62312%$2,493,737$4,683,93426%
2014$1,113,10540%$2,501,354316%$6,300,21316%
2013$795,92541%$600,91541%$7,496,1683%
2012$1,352,61019%$1,024,43613%$7,263,8134%
2011$1,665,233$1,174,618$6,968,825

Frequently Asked Questions

What does Forsyth Technical Community College Foundation Inc do?

Forsyth Technical Community College Foundation Inc is a education nonprofit organization based in North Carolina. It is classified under NTEE code B41 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Forsyth Technical Community College Foundation Inc financially healthy?

Based on our 9-metric Financial Health Score model, Forsyth Technical Community College Foundation Inc has a score of 60/100 (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 Forsyth Technical Community College Foundation Inc generate?

Forsyth Technical Community College Foundation Inc reports $1.9M in annual revenue and holds $15.9M in total assets, based on IRS filings.

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