YMutual & Membership BenefitEIN: 020783564· Ruling Year: 2009

Maryland Broadband Cooperative Inc

Salisbury, Maryland

B+Health Score
69B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 2 peers in Mutual & Membership Benefit with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.77×
Peer Median29.60×
💰
$9.0M
Total Revenue
📊
$8.7M
Total Expenses
🏦
$6.7M
Net Assets
📋
$7.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+13.8%
Year-over-year change (2022 → 2023)
Net Margin
+3.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.77
Net assets divided by total expenses
Liabilities-to-Assets
51.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$9,031,28414%$8,736,15169%$13,982,34437%
2022$7,937,35749%$5,172,60511%$10,221,71023%
2021$5,315,4853%$4,660,9637%$8,303,05811%
2020$5,140,35913%$5,021,6507%$7,461,71913%
2019$4,553,64510%$5,399,84711%$8,597,81616%
2018$5,075,25752%$4,859,22248%$10,284,88444%
2017$10,664,870107%$9,398,353100%$7,147,33423%
2016$5,140,22824%$4,689,53528%$5,816,15926%
2015$6,787,17513%$6,471,25219%$4,626,6659%
2014$6,008,71960%$5,431,33251%$4,249,2497%
2013$3,745,39759%$3,589,01434%$3,984,1772%
2012$9,177,9775%$5,432,5815%$3,900,83380%
2011$8,742,973$5,181,162$19,230,277

Frequently Asked Questions

What does Maryland Broadband Cooperative Inc do?

Maryland Broadband Cooperative Inc is a mutual & membership benefit nonprofit organization based in Maryland. It is classified under NTEE code Y22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Maryland Broadband Cooperative Inc financially healthy?

Based on our 9-metric Financial Health Score model, Maryland Broadband Cooperative Inc has a score of 69/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Maryland Broadband Cooperative Inc generate?

Maryland Broadband Cooperative Inc reports $8.8M in annual revenue and holds $14.8M in total assets, based on IRS filings.

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Maryland Broadband Cooperative Inc — Salisbury, MD | GiveScope