SCommunity Improvement & Capacity BuildingEIN: 043318202· Ruling Year: 1996

Somali Development Center Inc

Roxbury, Massachusetts

B-Health Score
54B-

Financial Health Score

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

Average

💰
$328K
Total Revenue
📊
$389K
Total Expenses
🏦
$218K
Net Assets
📋
$6K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-30.5%
Year-over-year change (2022 → 2023)
Net Margin
-18.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.56
Net assets divided by total expenses
Liabilities-to-Assets
2.9%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$328,42131%$388,93120%$224,30321%
2022$472,59141%$324,92519%$283,888108%
2021$335,83319%$273,00555%$136,22226%
2020$281,590136%$175,77112%$108,470725%
2019$119,48311%$157,1911%$13,15568%
2018$134,60643%$155,43516%$40,82433%
2017$237,33666%$184,86335%$61,375511%
2016$142,8715%$137,2018%$10,044222%
2015$150,1641%$126,87034%$3,12424%
2014$148,74462%$192,70648%$4,10093%
2012$394,0068%$369,52111%$54,74719%
2011$425,989$417,318$46,040

Frequently Asked Questions

What does Somali Development Center Inc do?

Somali Development Center Inc is a community improvement & capacity building nonprofit organization based in Massachusetts. It is classified under NTEE code S80 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Somali Development Center Inc financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Somali Development Center Inc.

How much revenue does Somali Development Center Inc generate?

Somali Development Center Inc reports $497K in annual revenue and holds $221K in total assets, based on IRS filings.

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