T โ€” Philanthropy, Voluntarism & GrantmakingEIN: 562156876ยท Ruling Year: 2000

Edward M Armfield Sr Foundation Inc

Greensboro, North Carolina

CHealth Score
39C

Financial Health Score

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

Below Average

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

๐Ÿ’ฐ
$2.6M
Total Revenue
๐Ÿ“Š
-$1.7M
Total Expenses
๐Ÿฆ
$39.8M
Net Assets
๐Ÿ“‹
$13.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-46.6%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+166.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
-23.13
Net assets divided by total expenses
Liabilities-to-Assets
25.6%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$2,592,654โ†“47%-$1,722,988โ†“105%$53,543,121โ†‘4%
2022$4,850,821โ†“11%$33,662,907โ†‘892%$51,338,483โ†“25%
2021$5,451,551โ†“4%$3,394,574โ†“25%$68,779,889โ†‘6%
2020$5,669,903โ†‘91%$4,506,112โ†“31%$65,188,265โ†‘2%
2019$2,966,238โ†‘53%$6,558,544โ†“38%$64,022,815โ†‘7%
2015$1,941,633โ†“8%$10,500,134โ†‘205%$59,974,447โ†“6%
2014$2,108,335โ†“80%$3,447,160โ†“22%$64,138,377โ†“3%
2013$10,648,262โ†‘22%$4,443,835โ†“10%$65,804,838โ†‘9%
2012$8,695,220โ†‘44%$4,952,062โ†“60%$60,448,098โ†‘10%
2011$6,033,636$12,341,016$55,095,515

Frequently Asked Questions

What does Edward M Armfield Sr Foundation Inc do?โ–ผ

Edward M Armfield Sr Foundation Inc is a philanthropy, voluntarism & grantmaking nonprofit organization based in North Carolina. It is classified under NTEE code T20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Edward M Armfield Sr Foundation Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Edward M Armfield Sr Foundation Inc has a score of 39/100 (Grade: C). 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 Edward M Armfield Sr Foundation Inc generate?โ–ผ

Revenue data for Edward M Armfield Sr Foundation Inc is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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Edward M Armfield Sr Foundation Inc โ€” Greensboro, NC | GiveScope