Charity Search / NUSSBAUM CENTER FOR ENTREPRENEURSHIP INC
Community Improvement (S43Z) 990 on File

NUSSBAUM CENTER FOR ENTREPRENEURSHIP INC

EIN: 56-1577495 · GREENSBORO, NC 27406-2454 · 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%) 81/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$7.4M
Total Revenue
$1.3M
Total Expenses
$9.7M
Net Assets
9
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 82.9%
Fundraising Efficiency N/A
Operating Reserve 92.80x
Liability-to-Asset 23.4%
Revenue Diversification 89.9%
Executive Compensation $243K
Compared with Peers
FY 2024
Compared with 1,625 similar organizations (United States, Community Improvement, $1M–$10M 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
82.9% 85.2%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
12.1% 11.8%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
5.0% 0.1%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
92.8 mo 9.7 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
23.4% 21.0%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
89.9% 90.7%
P10P90
Above median
Revenue growth
Year over year revenue growth
501.7% 8.8%
P10P90
Expense growth
Year over year expense growth
11.2% 10.1%
P10P90
Surplus margin
Surplus as a share of revenue
83.1% 1.6%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $7.4M $1.3M $9.7M 82.9% 9
2023 $1.2M $1.1M $5.2M 86.7% 9
2022 $739K $862K $5.1M 86.1% 9
2021 $1.1M $861K N/A 5
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Organization Details
EIN
56-1577495
State
NC
City
GREENSBORO
ZIP
27406-2454
Classification
S43Z
Category
Community Improvement
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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