Adcare Educational Institute Inc
Worcester, Massachusetts
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 22 peers in Unclassified with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $7,979,376↑26% | $7,906,041↑27% | $4,124,539↑13% | |
| 2022 | $6,323,218↑33% | $6,208,030↑34% | $3,654,090↑10% | — |
| 2021 | $4,765,181↓13% | $4,641,604↓14% | $3,322,525↑36% | — |
| 2020 | $5,494,298↓7% | $5,423,552↓5% | $2,442,231↓28% | — |
| 2019 | $5,909,069↑8% | $5,725,980↑6% | $3,396,740↑16% | — |
| 2018 | $5,456,407↑4% | $5,378,480↑3% | $2,923,575↑24% | — |
| 2017 | $5,239,328↑4% | $5,207,078↑4% | $2,351,338↑12% | — |
| 2016 | $5,026,168↑20% | $5,011,325↑21% | $2,090,657↑5% | — |
| 2015 | $4,173,147↑28% | $4,158,656↑28% | $1,994,195↑69% | — |
| 2014 | $3,269,035↑6% | $3,246,860↑5% | $1,181,959↓15% | — |
| 2013 | $3,084,264↓1% | $3,078,681↓1% | $1,393,463↑30% | — |
| 2012 | $3,117,210 | $3,110,737 | $1,074,005 | — |
Frequently Asked Questions
What does Adcare Educational Institute Inc do?▼
Adcare Educational Institute Inc is a unclassified nonprofit organization based in Massachusetts. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Adcare Educational Institute Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Adcare Educational Institute Inc has a score of 67/100 (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 Adcare Educational Institute Inc generate?▼
Adcare Educational Institute Inc reports $7.0M in annual revenue and holds $3.8M in total assets, based on IRS filings.
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