Laurinburg Normal & Industrial Institute Inc is a 501(c)(3) organization based in Laurinburg, North Carolina, registered in 1953, with $55,672 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$56K
▼ 28.1% vs prior year
Expenses (FY2023)
$58K
Net assets
-$2,816
Employees
—
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 Laurinburg Normal & Industrial Institute 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 Laurinburg Normal & Industrial Institute Inc: 0 mo reserves · -5% margin earns a D 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 Laurinburg Normal & Industrial Institute 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 Laurinburg Normal & Industrial Institute Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $77K (FY2022) to $56K (FY2023) across 2 reported years.
Financial snapshot
Operating margin
-5.1%
Spent more than it raised in the latest fiscal year.
Total assets
$1,875
Total liabilities
$4,691
Net assets
-$2,816
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $55,672▼28.1% | $58,488▼28.5% | -$2,816▼546% | $1,875▼89.1% | 990EZ |
| 2022 | $77,444 | $81,794 | $631 | $17,125 | 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.
6 grants to Laurinburg Normal & Industrial Institute Inc totaling $70K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| North Carolina Community Foundation Inc | Education | 2022 | $23,120 |
| North Carolina Community Foundation Inc | Education | 2020 | $10,030 |
| North Carolina Community Foundation Inc | Education | 2019 | $9,640 |
| North Carolina Community Foundation Inc | Education | 2018 | $9,290 |
| North Carolina Community Foundation Inc | Education | 2017 | $9,120 |
| North Carolina Community Foundation Inc | Education | 2016 | $8,780 |
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Data for Laurinburg Normal & Industrial Institute Inc (EIN 56-6010464) 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.