S โ€” Community Improvement & Capacity BuildingEIN: 882751895ยท Ruling Year: 2023

Lake Norman Community Development

Cornelius, North Carolina

CHealth Score
35C

Financial Health Score

Provisional

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

Below Average

๐Ÿ’ฐ
$74K
Total Revenue
๐Ÿ“Š
$45K
Total Expenses
๐Ÿฆ
$29K
Net Assets
๐Ÿ“‹
$47K
Total Liabilities

Financial Health Indicators

Net Margin
+39.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.65
Net assets divided by total expenses
Liabilities-to-Assets
61.7%
Total liabilities as % of total assets

Filing History

1 filings on record
YearRevenueExpensesAssets
2023$74,311$44,959$76,666

Frequently Asked Questions

What does Lake Norman Community Development do?โ–ผ

Lake Norman Community Development is a community improvement & capacity building nonprofit organization based in North Carolina. It is classified under NTEE code S31 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lake Norman Community Development financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Lake Norman Community Development.

How much revenue does Lake Norman Community Development generate?โ–ผ

Lake Norman Community Development reports $499K in annual revenue and holds $414K in total assets, based on IRS filings.

Lake Norman Community Development โ€” Cornelius, NC | GiveScope