Project Independence Services Inc
New Bedford, Massachusetts
A-Health Score
83A-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Very Good
💰
$429K
Total Revenue
📊
$299K
Total Expenses
🏦
$1.6M
Net Assets
📋
$32K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+29.5%
Year-over-year change (2022 → 2023)
Net Margin
+30.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
5.27
Net assets divided by total expenses
Liabilities-to-Assets
2.0%
Total liabilities as % of total assets
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $429,402↑29% | $299,070↓3% | $1,609,268↑12% | |
| 2022 | $331,594↑26% | $307,605↑22% | $1,441,438↓5% | — |
| 2021 | $263,386↓21% | $251,559↓27% | $1,509,969↑1% | — |
| 2020 | $333,771↓17% | $346,237↓6% | $1,494,778↓2% | — |
| 2019 | $404,073↓5% | $368,585↓16% | $1,529,370↑4% | — |
| 2018 | $427,323↑9% | $438,106↑37% | $1,472,287↓3% | — |
| 2017 | $393,337↑6% | $320,322↓6% | $1,522,748↑5% | — |
| 2016 | $372,494↓10% | $341,220↓6% | $1,456,576↑1% | — |
| 2015 | $411,626↓10% | $362,791↓7% | $1,440,985 | — |
| 2014 | $454,869↑29% | $389,183↓9% | $1,441,916↑7% | — |
| 2013 | $352,960↓7% | $425,999↑36% | $1,349,683↓5% | — |
| 2012 | $380,764 | $314,360 | $1,423,336 | — |
Frequently Asked Questions
What does Project Independence Services Inc do?▼
Project Independence Services Inc is a human services nonprofit organization based in Massachusetts. It is classified under NTEE code P52Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Project Independence Services Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Project Independence Services Inc.
How much revenue does Project Independence Services Inc generate?▼
Project Independence Services Inc reports $1.7M in annual revenue and holds $3.3M in total assets, based on IRS filings.
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