WPublic & Societal BenefitEIN: 581903219· Ruling Year: 1990

Carolina Small Business Development Fund

Raleigh, North Carolina

A-Health Score
80A-

Financial Health Score

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

Very Good

💰
$10.5M
Total Revenue
📊
$9.3M
Total Expenses
🏦
$15.6M
Net Assets
📋
$18.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+63.4%
Year-over-year change (2022 → 2023)
Net Margin
+10.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.67
Net assets divided by total expenses
Liabilities-to-Assets
54.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$10,484,32763%$9,336,37849%$34,372,78020%
2022$6,416,65020%$6,271,25113%$42,816,29911%
2021$7,982,39343%$7,169,0154%$38,671,1859%
2020$5,600,96338%$6,866,30616%$42,296,9684%
2019$8,969,39331%$8,153,43016%$40,644,5277%
2018$6,835,3725%$7,048,15511%$38,007,11715%
2017$7,173,70040%$6,372,90844%$32,985,62611%
2016$5,109,83597%$4,436,61997%$29,790,75843%
2015$2,591,67449%$2,255,02811%$20,879,39423%
2014$5,052,20616%$2,540,42128%$16,935,89419%
2013$4,350,41329%$3,532,53624%$14,198,46114%
2012$3,384,03320%$2,859,50314%$12,411,75524%
2011$4,207,672$3,341,394$10,023,542

Frequently Asked Questions

What does Carolina Small Business Development Fund do?

Carolina Small Business Development Fund is a public & societal benefit nonprofit organization based in North Carolina. It is classified under NTEE code W610 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Carolina Small Business Development Fund financially healthy?

Based on our 9-metric Financial Health Score model, Carolina Small Business Development Fund has a score of 80/100 (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 Carolina Small Business Development Fund generate?

Carolina Small Business Development Fund reports $7.9M in annual revenue and holds $39.2M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Public & Societal Benefit category, or browse all nonprofits in North Carolina.