Z โ€” UnclassifiedEIN: 566036987ยท Ruling Year: 1964

James G Hanes Memorial Fund

Winston Salem, North Carolina

BHealth Score
60B

Financial Health Score

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

Above Average

๐Ÿ’ฐ
$2.8M
Total Revenue
๐Ÿ“Š
$1.9M
Total Expenses
๐Ÿฆ
$18.9M
Net Assets
๐Ÿ“‹
$11K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+841.8%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+32.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
10.07
Net assets divided by total expenses
Liabilities-to-Assets
0.1%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$2,769,609โ†‘842%$1,871,952โ†‘6%$18,868,864โ†‘5%
2022-$373,344โ†“110%$1,760,602โ†“7%$17,959,785โ†“10%
2021$3,670,604โ†‘63%$1,885,457โ†‘16%$20,055,814โ†‘11%
2020$2,257,103โ†‘58%$1,630,393$18,023,224โ†‘4%
2019$1,431,328โ†“75%$1,630,464โ†‘12%$17,396,514โ†“12%
2015$5,787,758โ†‘698%$1,449,407โ†‘17%$19,809,247โ†‘28%
2014$724,966โ†“45%$1,240,488โ†‘6%$15,470,896โ†“3%
2013$1,312,454โ†‘22%$1,171,014โ†‘5%$15,986,418โ†‘1%
2012$1,078,336$1,114,476โ†‘8%$15,844,978
2011$1,078,468$1,029,737$15,881,118

Frequently Asked Questions

What does James G Hanes Memorial Fund do?โ–ผ

James G Hanes Memorial Fund 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 James G Hanes Memorial Fund financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, James G Hanes Memorial Fund has a score of 60/100 (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 James G Hanes Memorial Fund generate?โ–ผ

Revenue data for James G Hanes Memorial Fund is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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James G Hanes Memorial Fund โ€” Winston Salem, NC | GiveScope