National Institute Of Minority Economic Development
Durham, North Carolina
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 22 peers in Unclassified with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $12,194,431↑91% | $7,819,600↑54% | $18,823,541↑48% | — |
| 2022 | $6,397,874↑40% | $5,089,182↑15% | $12,740,351↑12% | — |
| 2021 | $4,581,072↑225% | $4,429,302↑117% | $11,354,840↑1% | — |
| 2020 | $1,411,622↓18% | $2,038,618↑18% | $11,259,248↑25% | — |
| 2020 | $1,722,745↑25% | $1,720,549↑17% | $8,985,701↑322% | — |
| 2019 | $1,379,962↓20% | $1,467,006↓14% | $2,131,005↓2% | — |
| 2018 | $1,723,791↓10% | $1,702,381↓8% | $2,171,909↑3% | — |
| 2017 | $1,921,434↑10% | $1,851,460↓12% | $2,104,172↑3% | — |
| 2016 | $1,744,912↑41% | $2,105,461↑24% | $2,048,327↓25% | — |
| 2015 | $1,237,059↓14% | $1,700,602↓29% | $2,728,641↓13% | — |
| 2014 | $1,445,770↓53% | $2,381,316↓23% | $3,152,527↓21% | — |
| 2013 | $3,053,129↓14% | $3,101,958↓9% | $3,997,434↓7% | — |
| 2012 | $3,560,983 | $3,424,299 | $4,295,805 | — |
Frequently Asked Questions
What does National Institute Of Minority Economic Development do?▼
National Institute Of Minority Economic Development is a unclassified nonprofit organization based in North Carolina. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is National Institute Of Minority Economic Development financially healthy?▼
Based on our 9-metric Financial Health Score model, National Institute Of Minority Economic Development has a score of 86/100 (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 National Institute Of Minority Economic Development generate?▼
National Institute Of Minority Economic Development reports $6.5M in annual revenue and holds $19.1M in total assets, based on IRS filings.
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