Net-works Inc
Only null% goes to programs
Net-works Inc is a 501(c)(3) organization based in Apex, North Carolina, registered in 1995, with $197,034 in FY2024 revenue. CharityIndex grades it C+.
Po Box 448, Apex, NC, 27502 EIN 56-1844934 Since 1995
Revenue (FY2024)
$197K
▼ 0.4% vs prior year
Recreation median: $129K
Expenses (FY2024)
$192K
Net assets
$22K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Net-works Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · +3% 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 Net-works Inc: 1 mo reserves · +3% margin earns a C+ 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 Net-works 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 Net-works Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 448, Apex, NC, 27502
- City
- Apex
- State
- North Carolina
- Category
- Recreation & Sports
- Subcategory
- Amateur Sports
- Website
- …
Financial trends
Revenue declined from $274K (FY2013) to $197K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2,123Net assets $22K
Operating margin
2.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$24K
Total liabilities
$2,123
Net assets
$22K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $197,034▼0.4% | $191,949▲1.3% | $21,635▲30.7% | $23,758▲34.7% | 990EZ |
| 2023 | $197,832▲4.0% | $189,501▲0.1% | $16,550▲101% | $17,638▲92.4% | 990 |
| 2022 | $190,156▲2.4% | $189,394▼0.2% | $8,219▲10.2% | $9,165▲7.9% | 990 |
| 2021 | $185,631▼19.9% | $189,758▼17.0% | $7,457▼35.6% | $8,493▼31.9% | 990 |
| 2020 | $231,607▼19.2% | $228,587▼27.4% | $11,584▲35.3% | $12,479▲16.4% | 990 |
| 2019 | $286,581▲13.0% | $314,883▲13.0% | $8,564▼76.8% | $10,718▼73.0% | 990 |
| 2018 | $253,547▼2.7% | $278,626▲3.6% | $36,866▼40.5% | $39,758▼36.9% | 990 |
| 2017 | $260,586▼29.6% | $268,922▼12.0% | $61,945▼11.9% | $62,991▼16.1% | 990 |
| 2016 | $370,151▲19.0% | $305,756▼5.6% | $70,281▲1094% | $75,095▲1004% | 990 |
| 2015 | $311,012▲0.1% | $324,051▲5.6% | $5,886▼68.9% | $6,800▼68.5% | 990 |
| 2014 | $310,729▲13.6% | $306,919▲8.0% | $18,925▲25.2% | $21,558▲40.7% | 990 |
| 2013 | $273,631 | $284,171▲5.0% | $15,115▼41.1% | $15,326▼40.9% | 990 |
| 2012 | — | $270,593 | $25,655 | $25,929 | 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.
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Frequently asked questions
- Is Net-works Inc a legitimate nonprofit?
- Yes. Net-works Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-1844934, based in Apex, North Carolina. Donations are tax-deductible.
- What is Net-works Inc's EIN?
- Net-works Inc's Employer Identification Number (EIN) is 56-1844934.
- How much revenue does Net-works Inc report?
- Net-works Inc reported $197,034 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Net-works Inc have?
- CharityIndex grades Net-works Inc C+, based on financial health (reserves and operating margin).
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Data for Net-works Inc (EIN 56-1844934) 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.