W — Public & Societal BenefitEIN: 561753874· Ruling Year: 1993

First Concord Corporation

Concord, North Carolina

DHealth Score
32D

Financial Health Score

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

Poor

💰
$2.3M
Total Revenue
📊
$2.1M
Total Expenses
🏦
-$583K
Net Assets
📋
$19.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-2.1%
Year-over-year change (2023 → 2024)
Net Margin
+9.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.28
Net assets divided by total expenses
Liabilities-to-Assets
103.1%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$2,302,031↓2%$2,091,231↑4%$18,592,909↓4%
2023$2,350,625$2,012,262↓93%$19,400,017↓6%
2022$2,358,784↓31%$30,333,327↑784%$20,714,821↓58%
2021$3,432,956↓11%$3,432,601↓9%$49,366,770↓6%
2020$3,860,898↓12%$3,773,939↓4%$52,670,328↓6%
2019$4,385,993↓2%$3,912,320↓2%$56,004,593↓5%
2018$4,461,775↓1%$4,005,213↓4%$58,921,903↓5%
2017$4,521,758↓14%$4,190,381↓17%$61,810,877↓5%
2016$5,230,284↓74%$5,058,189↓75%$64,807,446↓7%
2015$20,128,481↑500%$20,007,066↑496%$69,921,620↑43%
2014$3,355,171↓2%$3,359,290↓8%$48,783,262↓3%
2013$3,414,406↓2%$3,660,400↑2%$50,322,942↓6%
2012$3,478,257↓40%$3,605,358↓15%$53,463,321↓5%
2011$5,760,533$4,234,883$56,138,423

Frequently Asked Questions

What does First Concord Corporation do?▼

First Concord Corporation is a public & societal benefit nonprofit organization based in North Carolina. It is classified under NTEE code W200 and is registered as a 501(c) tax-exempt organization with the IRS.

Is First Concord Corporation financially healthy?▼

Based on our 9-metric Financial Health Score model, First Concord Corporation has a score of 32/100 (Grade: D). 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 Concord Corporation generate?▼

First Concord Corporation reports $3.8M in annual revenue and holds $29.4M in total assets, based on IRS filings.

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