SCommunity Improvement & Capacity BuildingEIN: 010376892· Ruling Year: 2000

Freeport Economic Development Corp

Freeport, Maine

B+Health Score
69B+

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Good

💰
$142K
Total Revenue
📊
$113K
Total Expenses
🏦
$107K
Net Assets
📋
$3K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+17.7%
Year-over-year change (2022 → 2023)
Net Margin
+20.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.95
Net assets divided by total expenses
Liabilities-to-Assets
3.0%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$142,21218%$113,44438%$110,82941%
2022$120,8375%$82,19428%$78,73096%
2021$115,00915%$114,62411%$40,0871%
2020$100,024$129,42728%$39,70243%
2019$100,0225%$101,2525%$69,1052%
2018$95,024$96,7461%$70,3352%
2017$95,026$95,7781%$72,0571%
2016$95,0156%$94,3886%$72,8093%
2015$101,5023%$88,9614%$74,79320%
2014$98,50234%$85,80442%$62,25226%
2013$149,2142486800%$148,406254%$49,5542%
2012$6$41,951$48,746

Frequently Asked Questions

What does Freeport Economic Development Corp do?

Freeport Economic Development Corp is a community improvement & capacity building nonprofit organization based in Maine. It is classified under NTEE code S41 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Freeport Economic Development Corp financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Freeport Economic Development Corp.

How much revenue does Freeport Economic Development Corp generate?

Freeport Economic Development Corp reports $60K in annual revenue and holds $109K in total assets, based on IRS filings.

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