S โ€” Community Improvement & Capacity BuildingEIN: 042441030ยท Ruling Year: 1968

Technical Development Corporation

Peabody, Massachusetts

CHealth Score
36C

Financial Health Score

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

Below Average

๐Ÿ’ฐ
$2.3M
Total Revenue
๐Ÿ“Š
$3.9M
Total Expenses
๐Ÿฆ
$1.9M
Net Assets
๐Ÿ“‹
$2.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+18.8%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-65.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.48
Net assets divided by total expenses
Liabilities-to-Assets
53.6%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$2,347,241โ†‘19%$3,876,501โ†‘7%$3,999,582โ†“22%
2022$1,976,361โ†“57%$3,606,222โ†‘30%$5,142,304โ†“18%
2021$4,620,510โ†‘2%$2,774,850โ†“29%$6,291,909โ†‘74%
2020$4,514,934โ†‘46%$3,888,035โ†‘21%$3,614,028
2019$3,084,683โ†“21%$3,220,489โ†‘1%$3,598,309โ†“3%
2018$3,909,164โ†‘38%$3,192,031โ†‘2%$3,713,260โ†‘39%
2017$2,823,562โ†“17%$3,132,744$2,672,763โ†“5%
2016$3,406,146โ†“17%$3,139,124โ†“13%$2,800,308โ†‘3%
2015$4,106,035โ†‘38%$3,595,994โ†‘37%$2,729,429โ†‘24%
2014$2,975,663โ†‘34%$2,632,093โ†‘28%$2,200,574โ†“2%
2013$2,218,134โ†“17%$2,056,698$2,240,950โ†‘14%
2012$2,682,316โ†‘19%$2,050,226$1,964,998โ†‘40%
2011$2,262,634โ†‘18%$2,043,379โ†‘7%$1,405,382โ†‘29%
2010$1,921,201$1,909,956$1,088,399

Frequently Asked Questions

What does Technical Development Corporation do?โ–ผ

Technical Development Corporation is a community improvement & capacity building nonprofit organization based in Massachusetts. It is classified under NTEE code S50Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Technical Development Corporation financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Technical Development Corporation.

How much revenue does Technical Development Corporation generate?โ–ผ

Technical Development Corporation reports $1.7M in annual revenue and holds $1.6M in total assets, based on IRS filings.

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Technical Development Corporation โ€” Peabody, MA | GiveScope