S โ€” Community Improvement & Capacity BuildingEIN: 043364974ยท Ruling Year: 1998

Skowhegan Economic Development Corporation

Skowhegan, Maine

BHealth Score
62B

Financial Health Score

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

Above Average

๐Ÿ’ฐ
-$46K
Total Revenue
๐Ÿ“Š
$7K
Total Expenses
๐Ÿฆ
$1.7M
Net Assets
๐Ÿ“‹
$19K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-183.4%
Year-over-year change (2021 โ†’ 2022)
Net Margin
+114.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
258.87
Net assets divided by total expenses
Liabilities-to-Assets
1.1%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2022-$46,435โ†“183%$6,635โ†“61%$1,736,814โ†“7%
2021$55,664โ†‘235%$16,926โ†“76%$1,876,122โ†‘7%
2020$16,638โ†“58%$71,113โ†‘59%$1,756,599โ†“5%
2019$39,867โ†‘37%$44,621โ†‘477%$1,844,016โ†“2%
2018$29,055โ†‘31%$7,737โ†“22%$1,880,083
2017$22,102โ†“7%$9,911โ†‘25%$1,888,528โ†“1%
2016$23,691โ†‘554%$7,947โ†‘2%$1,904,612โ†“1%
2015$3,620โ†“78%$7,818โ†“1%$1,915,708โ†“2%
2014$16,722โ†‘1%$7,860โ†“21%$1,945,444โ†“1%
2013$16,514โ†“87%$9,947โ†‘11%$1,960,857โ†“1%
2012$124,720โ†‘452%$8,951โ†“14%$1,982,071โ†‘5%
2011$22,580$10,384$1,890,464

Frequently Asked Questions

What does Skowhegan Economic Development Corporation do?โ–ผ

Skowhegan Economic Development Corporation is a community improvement & capacity building nonprofit organization based in Maine. It is classified under NTEE code S30I and is registered as a 501(c) tax-exempt organization with the IRS.

Is Skowhegan Economic Development Corporation financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Skowhegan Economic Development Corporation.

How much revenue does Skowhegan Economic Development Corporation generate?โ–ผ

Skowhegan Economic Development Corporation reports $278K in annual revenue and holds $1.9M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Community Improvement & Capacity Building category, or browse all nonprofits in Maine.

Skowhegan Economic Development Corporation โ€” Skowhegan, ME | GiveScope