BEducationEIN: 844902334

Ncinnovation INC

Rtp, North Carolina

A-Health Score
75A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 492 peers in Education with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org8.54×
Peer Median1.96×
💰
$10.3M
Total Revenue
📊
$2.2M
Total Expenses
🏦
$18.4M
Net Assets
📋
$19K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+487.6%
Year-over-year change (2022 → 2023)
Net Margin
+79.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
8.54
Net assets divided by total expenses
Liabilities-to-Assets
0.1%
Total liabilities as % of total assets

Filing History

4 filings on record
YearRevenueExpensesAssets
2023$10,283,256488%$2,153,367441%$18,408,832284%
2022$1,750,00051%$397,78062%$4,795,47234%
2021$3,600,0003500%$245,8002145%$3,583,2623448%
2020$100,000$10,948$100,991

Frequently Asked Questions

What does Ncinnovation INC do?

Ncinnovation INC is a education nonprofit organization based in North Carolina. It is classified under NTEE code B19 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Ncinnovation INC financially healthy?

Based on our 9-metric Financial Health Score model, Ncinnovation INC has a score of 75/100 (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 Ncinnovation INC generate?

Ncinnovation INC reports $259.1M in annual revenue and holds $272.9M in total assets, based on IRS filings.

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