Primary Source Inc
Watertown, Massachusetts
B-Health Score
53B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$1.1M
Total Revenue
📊
$1.1M
Total Expenses
🏦
$503K
Net Assets
📋
$272K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-12.9%
Year-over-year change (2022 → 2023)
Net Margin
-2.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.44
Net assets divided by total expenses
Liabilities-to-Assets
35.1%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,106,353↓13% | $1,130,622↑2% | $774,536↓10% | |
| 2022 | $1,269,755↑5% | $1,105,934↑4% | $856,607↑53% | — |
| 2021 | $1,214,924↑20% | $1,061,753↑12% | $560,849↑2% | — |
| 2020 | $1,015,692↑27% | $944,455↑7% | $548,783↑28% | — |
| 2019 | $798,465↓13% | $881,847↓2% | $428,544↓2% | — |
| 2018 | $916,323↓31% | $899,653↓27% | $437,925 | — |
| 2017 | $1,333,130↑22% | $1,240,802↓13% | $435,969↑26% | — |
| 2016 | $1,095,911↑10% | $1,419,328↓8% | $347,056↓49% | — |
| 2015 | $996,699↓10% | $1,548,098↑9% | $686,430↓46% | — |
| 2014 | $1,107,910↓9% | $1,416,519↓9% | $1,271,253↓20% | — |
| 2013 | $1,221,837↓8% | $1,555,929↓4% | $1,584,853↓17% | — |
| 2012 | $1,326,297↓8% | $1,617,155↓6% | $1,920,824↓13% | — |
| 2011 | $1,434,871 | $1,721,792 | $2,199,010 | — |
Frequently Asked Questions
What does Primary Source Inc do?▼
Primary Source 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 Primary Source Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Primary Source Inc.
How much revenue does Primary Source Inc generate?▼
Primary Source Inc reports $879K in annual revenue and holds $727K in total assets, based on IRS filings.
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