PHuman ServicesEIN: 561097900· Ruling Year: 1976

Springwell Network Inc

Winston Salem, North Carolina

BHealth Score
59B

Financial Health Score

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

Above Average

💰
$2.1M
Total Revenue
📊
$2.3M
Total Expenses
🏦
$1.6M
Net Assets
📋
$630K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.8%
Year-over-year change (2022 → 2023)
Net Margin
-9.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.69
Net assets divided by total expenses
Liabilities-to-Assets
28.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,086,3145%$2,290,9832%$2,213,2117%
2022$1,990,28920%$2,236,9312%$2,374,47810%
2021$2,497,71513%$2,187,4352%$2,649,08214%
2020$2,208,4087%$2,145,3875%$2,319,9032%
2019$2,362,1922%$2,037,0491%$2,270,84716%
2018$2,310,9401%$2,010,2487%$1,949,22515%
2017$2,279,3165%$2,156,38013%$1,690,0586%
2016$2,177,05510%$1,911,3723%$1,591,23813%
2015$1,974,0576%$1,963,7253%$1,405,064106%
2014$1,862,2632%$1,898,919$682,1106%
2013$1,821,1542%$1,898,5226%$643,69311%
2012$1,861,7942%$1,794,0947%$720,29817%
2011$1,821,204$1,934,988$865,212

Frequently Asked Questions

What does Springwell Network Inc do?

Springwell Network Inc is a human services nonprofit organization based in North Carolina. It is classified under NTEE code P73Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Springwell Network Inc financially healthy?

Based on our 9-metric Financial Health Score model, Springwell Network Inc has a score of 59/100 (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 Springwell Network Inc generate?

Springwell Network Inc reports $2.5M in annual revenue and holds $2.3M in total assets, based on IRS filings.

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