First Flight Venture Center Inc
Durham, North Carolina
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 8 peers in Community Improvement & Capacity Building with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,534,311↑8% | $1,262,131↓11% | $2,144,263↑7% | — |
| 2022 | $1,426,319↓32% | $1,425,952↓12% | $2,004,439↑3% | — |
| 2021 | $2,093,987↑43% | $1,615,693↑24% | $1,951,913↑36% | — |
| 2020 | $1,460,547↑17% | $1,302,974↑5% | $1,433,316↑20% | — |
| 2019 | $1,249,543 | $1,237,840↓8% | $1,193,260↑15% | — |
| 2018 | $1,251,598↑147% | $1,347,058↑66% | $1,033,905↑104% | — |
| 2014 | $507,630↓3% | $811,870↑10% | $506,285↓34% | — |
| 2013 | $524,815↑5% | $740,299↓12% | $772,382↓25% | — |
| 2012 | $501,545↑346% | $840,775↓9% | $1,030,158↓24% | — |
| 2011 | $112,451 | $923,291 | $1,348,354 | — |
Frequently Asked Questions
What does First Flight Venture Center Inc do?▼
First Flight Venture Center Inc is a community improvement & capacity building nonprofit organization based in North Carolina. It is classified under NTEE code S400 and is registered as a 501(c) tax-exempt organization with the IRS.
Is First Flight Venture Center Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, First Flight Venture Center Inc has a score of 76/100 (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 First Flight Venture Center Inc generate?▼
First Flight Venture Center Inc reports $12.1M in annual revenue and holds $12.8M in total assets, based on IRS filings.
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