Back 2 School Festival Inc is a 501(c)(3) organization based in Boone, North Carolina, registered in 2019, with $180,144 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$180K
▲ 36.5% vs prior year
Education median: $200K
Expenses (FY2024)
$160K
Net assets
$59K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Back 2 School Festival Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Back 2 School Festival Inc: 4 mo reserves · +11% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Back 2 School Festival Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Back 2 School Festival Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $82K (FY2019) to $180K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
11.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$59K
Net assets
$59K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $180,144▲36.5% | $159,594▲19.7% | $58,609▲54.0% | $58,609▲54.0% | 990EZ |
| 2023 | $131,997▲18.1% | $133,338▲2.4% | $38,060▼3.4% | $38,060▼3.4% | 990EZ |
| 2022 | $111,812▲22.0% | $130,181▲63.3% | $39,401▼31.8% | $39,401▼31.8% | 990EZ |
| 2021 | $91,631▼10.5% | $79,732▼0.3% | $57,769▲25.9% | $57,769▲25.9% | 990EZ |
| 2020 | $102,344▲25.1% | $79,984▲37.2% | $45,870▲95.1% | $45,870▲95.1% | 990EZ |
| 2019 | $81,814 | $58,304 | $23,510 | $23,510 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
5 grants to Back 2 School Festival Inc totaling $89K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| North Carolina Community Foundation Inc | To support the organization's stated mission | 2024 | $28,000 |
| North Carolina Community Foundation Inc | Other educational program | 2023 | $25,710 |
| North Carolina Community Foundation Inc | Education | 2022 | $14,450 |
| North Carolina Community Foundation Inc | Education | 2021 | $13,000 |
| North Carolina Community Foundation Inc | Education | 2019 | $8,000 |
Explore more
Data for Back 2 School Festival Inc (EIN 83-2285890) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.