ZUnclassifiedEIN: 043237124· Ruling Year: 1996

Economic Development Council Of Western Massachusetts Inc

Springfield, Massachusetts

B-Health Score
45B-

Financial Health Score

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

Average

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.12×
Peer Median15.40×
💰
$4.2M
Total Revenue
📊
$4.2M
Total Expenses
🏦
$519K
Net Assets
📋
$1.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-28.2%
Year-over-year change (2022 → 2023)
Net Margin
-0.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.12
Net assets divided by total expenses
Liabilities-to-Assets
69.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,185,04728%$4,186,63426%$1,691,60110%
2022$5,832,12816%$5,674,03015%$1,875,66653%
2021$5,047,43119%$4,930,95717%$1,229,21330%
2020$4,232,03714%$4,224,90514%$946,58428%
2019$4,940,54019%$4,891,33919%$1,306,20925%
2018$4,147,3042%$4,113,1512%$1,042,2463%
2017$4,211,59815%$4,202,13516%$1,015,29916%
2016$3,648,5867%$3,615,5876%$878,56725%
2015$3,422,7272%$3,412,5393%$703,33011%
2014$3,481,873$3,510,774$634,60411%
2013$3,476,7941%$3,520,489$710,7994%
2012$3,449,9625%$3,512,9846%$682,9777%
2011$3,281,308$3,316,706$736,221

Frequently Asked Questions

What does Economic Development Council Of Western Massachusetts Inc do?

Economic Development Council Of Western Massachusetts 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 Economic Development Council Of Western Massachusetts Inc financially healthy?

Based on our 9-metric Financial Health Score model, Economic Development Council Of Western Massachusetts Inc has a score of 45/100 (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 Economic Development Council Of Western Massachusetts Inc generate?

Economic Development Council Of Western Massachusetts Inc reports $4.8M in annual revenue and holds $1.8M in total assets, based on IRS filings.

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