Third Association Properties Inc
Chicopee, Massachusetts
DHealth Score
26D
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Poor
💰
$47K
Total Revenue
📊
$60K
Total Expenses
🏦
-$139K
Net Assets
📋
$383K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-4.1%
Year-over-year change (2022 → 2023)
Net Margin
-26.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
-2.32
Net assets divided by total expenses
Liabilities-to-Assets
156.8%
Total liabilities as % of total assets
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $47,473↓4% | $59,878↓1% | $244,253↓3% | |
| 2022 | $49,507↑3% | $60,513↑9% | $252,286↓6% | — |
| 2021 | $48,246↓2% | $55,769↑16% | $268,743↑1% | — |
| 2020 | $49,390↑1% | $47,919↓11% | $265,906↑1% | — |
| 2019 | $48,671↓2% | $53,563↓7% | $264,134↓2% | — |
| 2018 | $49,516 | $57,887↑9% | $269,212↓2% | — |
| 2017 | $49,508↑15% | $53,252↑12% | $273,566↓2% | — |
| 2016 | $43,209↑12% | $47,536↓14% | $279,744↓5% | — |
| 2015 | $38,714↑4% | $55,141↑25% | $295,248↓2% | — |
| 2014 | $37,219↑10% | $44,008↑3% | $301,305↓1% | — |
| 2013 | $33,782↑9% | $42,540↑7% | $305,630↓2% | — |
| 2012 | $30,875 | $39,838 | $312,499 | — |
Frequently Asked Questions
What does Third Association Properties Inc do?▼
Third Association Properties Inc is a housing & shelter nonprofit organization based in Massachusetts. It is classified under NTEE code L21Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Third Association Properties Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Third Association Properties Inc.
How much revenue does Third Association Properties Inc generate?▼
Third Association Properties Inc reports $70K in annual revenue and holds $189K in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Housing & Shelter category, or browse all nonprofits in Massachusetts.