Charity Search / GREENSBORO COLLEGE INC
Education (B420) IRS Verified DX Registered 990 on File

GREENSBORO COLLEGE INC

EIN: 56-0532144 · GREENSBORO, NC 27401-1823 · United States · FY 2024 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 91/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Mission Statement

Greensboro College Athletics Mission Statement The Greensboro College intercollegiate athletics program supports a liberal arts education grounded in the traditions of the church. Through team participation, student-athletes develop intellectually, spiritually, and socially. The program provides learning opportunities encouraging excellence in academics and athletics, fostering competition at the highest level while supporting students’ individual needs.

Financial Overview — FY 2024
$23.1M
Total Revenue
$27.4M
Total Expenses
$26.7M
Net Assets
369
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 77.3%
Fundraising Efficiency N/A
Operating Reserve 11.68x
Liability-to-Asset 46.5%
Revenue Diversification 82.7%
Executive Compensation $734K
Compared with Peers
FY 2024
Compared with 1,943 similar organizations (United States, Education, $10M–$100M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
77.3% 84.6%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
20.7% 13.3%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
2.1% 0.7%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
11.7 mo 10.6 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
46.5% 31.2%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
82.7% 88.3%
P10P90
Above median
Revenue growth
Year over year revenue growth
15.4% 7.9%
P10P90
Expense growth
Year over year expense growth
2.0% 7.4%
P10P90
Surplus margin
Surplus as a share of revenue
-18.5% 3.0%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $23.1M $27.4M $26.7M 77.3% 369
2023 $20.0M $26.9M $30.3M 77.9% 364
2022 $26.8M $24.1M $34.4M 75.9% 365
2021 $24.5M $22.5M N/A 497
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Organization Details
EIN
56-0532144
State
NC
City
GREENSBORO
ZIP
27401-1823
Classification
B420
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1838
Foundation Code
11
Form 990
On File
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