L โ€” Housing & ShelterEIN: 561924027ยท Ruling Year: 2023

Northwestern Housing Enterprises Incorporated

Boone, North Carolina

B+Health Score
73B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$5.9M
Total Revenue
๐Ÿ“Š
$3.4M
Total Expenses
๐Ÿฆ
$9.0M
Net Assets
๐Ÿ“‹
$15.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.9%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+43.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.67
Net assets divided by total expenses
Liabilities-to-Assets
63.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$5,929,453โ†‘5%$3,356,425โ†‘32%$24,704,956โ†‘23%
2022$5,652,958โ†‘28%$2,536,055โ†“9%$20,131,226โ†‘19%
2021$4,416,284โ†‘149%$2,779,457โ†‘32%$16,853,995โ†‘11%
2020$1,772,193โ†“48%$2,112,264$15,160,678โ†‘3%
2019$3,439,666โ†‘119%$2,105,839โ†‘20%$14,709,225โ†‘27%
2018$1,573,220โ†“7%$1,750,149โ†‘7%$11,610,289โ†‘3%
2017$1,697,793โ†“27%$1,637,090โ†“11%$11,322,074โ†“2%
2016$2,325,437โ†‘77%$1,840,100โ†‘38%$11,497,573โ†‘34%
2015$1,316,022โ†‘12%$1,330,969โ†‘36%$8,591,573โ†‘10%
2014$1,170,243โ†‘120%$978,099โ†‘60%$7,799,592โ†‘22%
2013$532,823โ†“43%$611,568โ†“24%$6,407,558โ†“1%
2012$941,828โ†‘25%$800,769โ†‘9%$6,504,715โ†‘24%
2011$754,304$738,018$5,259,373

Frequently Asked Questions

What does Northwestern Housing Enterprises Incorporated do?โ–ผ

Northwestern Housing Enterprises Incorporated is a housing & shelter nonprofit organization based in North Carolina. It is classified under NTEE code L20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Northwestern Housing Enterprises Incorporated financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Northwestern Housing Enterprises Incorporated has a score of 73/100 (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 Northwestern Housing Enterprises Incorporated generate?โ–ผ

Northwestern Housing Enterprises Incorporated reports $3.9M in annual revenue and holds $24.6M in total assets, based on IRS filings.

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Northwestern Housing Enterprises Incorporated โ€” Boone, NC | GiveScope