Barber-scotia College Inc
Only null% goes to programs Strong reserves Growing revenue
Barber-scotia College Inc is a 501(c)(3) organization based in Concord, North Carolina, registered in 1953, with $541,075 in FY2023 revenue. CharityIndex grades it B.
145 Cabarrus Ave W, Concord, NC, 28025 EIN 56-6007078 Since 1953
Revenue (FY2023)
$541K
▲ 39.5% vs prior year
Education median: $200K
Expenses (FY2023)
$408K
Net assets
$5.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Barber-scotia College Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating161 mo reserves · +25% margin
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 Barber-scotia College Inc: 161 mo reserves · +25% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Barber-scotia College Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Barber-scotia College 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.
Contact & location
- Address
- 145 Cabarrus Ave W, Concord, NC, 28025
- City
- Concord
- State
- North Carolina
- Category
- Education
- Subcategory
- Colleges & Universities
- Website
- …
Financial trends
Revenue declined from $737K (FY2013) to $541K (FY2023) across 9 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $2.2MNet assets $5.5M
Operating margin
24.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$7.7M
Total liabilities
$2.2M
Net assets
$5.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $541,075▲39.5% | $407,994▲20.2% | $5,458,560▼24.7% | $7,673,219▲1.5% | 990 |
| 2022 | $387,837▲20.3% | $339,417▲65.6% | $7,251,800▲174% | $7,563,471▲1.4% | 990 |
| 2021 | $322,296▲17.8% | $205,022▼6.5% | $2,646,979▲165% | $7,462,577▲2.9% | 990 |
| 2020 | $273,564▼3.4% | $219,374▼21.4% | -$4,041,641▲37.8% | $7,255,708▼0.1% | 990 |
| 2019 | $283,048▲8.0% | $279,105▼42.9% | -$6,492,914▲3.7% | $7,264,958▲2.4% | 990 |
| 2018 | $262,050▼56.0% | $489,022▼72.7% | -$6,739,693▼44.1% | $7,091,395▼1.1% | 990 |
| 2015 | $594,908▼5.9% | $1,793,924▲56.8% | -$4,675,555▼42.0% | $7,171,094▼6.9% | 990 |
| 2014 | $632,322▼14.2% | $1,144,328▼28.8% | -$3,291,575▼23.7% | $7,699,811▼5.8% | 990 |
| 2013 | $736,849 | $1,607,147▲58.0% | -$2,661,411▼48.5% | $8,177,689▼5.8% | 990 |
| 2012 | — | $1,017,386▼22.2% | -$1,792,548▼9.8% | $8,685,651▼1.8% | 990 |
| 2011 | — | $1,307,402▲0.1% | -$1,632,522▼97.4% | $8,840,677▼5.5% | 990 |
| 2010 | — | $1,305,989 | -$827,109▼48.1% | $9,358,111▼1.2% | 990 |
| 2009 | — | $1,306,559 | -$558,655 | $9,471,140 | 990 |
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.
Grants received · $10K total
1 grant to Barber-scotia College Inc totaling $10K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Battelle Memorial Institute | General operating support | 2020 | $10,250 |
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Frequently asked questions
- Is Barber-scotia College Inc a legitimate nonprofit?
- Yes. Barber-scotia College Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-6007078, based in Concord, North Carolina. Donations are tax-deductible.
- What is Barber-scotia College Inc's EIN?
- Barber-scotia College Inc's Employer Identification Number (EIN) is 56-6007078.
- How much revenue does Barber-scotia College Inc report?
- Barber-scotia College Inc reported $541,075 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Barber-scotia College Inc have?
- CharityIndex grades Barber-scotia College Inc B, based on financial health (reserves and operating margin).
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Data for Barber-scotia College Inc (EIN 56-6007078) 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.