Spring Manufacturers Institute Inc
Elgin, Illinois
B-Health Score
46B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$646K
Total Revenue
📊
$627K
Total Expenses
🏦
$225K
Net Assets
📋
-$597K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-0.8%
Year-over-year change (2022 → 2023)
Net Margin
+2.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.36
Net assets divided by total expenses
Liabilities-to-Assets
160.4%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $646,416↓1% | $627,449↓14% | -$372,200↓1406% | — |
| 2022 | $651,525↑34% | $728,538↑43% | $28,491↓94% | — |
| 2021 | $486,462↓24% | $507,873↓9% | $446,690↓33% | — |
| 2020 | $638,862↓51% | $559,413↓60% | $671,426↓12% | — |
| 2019 | $1,316,812↑101% | $1,403,588↑86% | $762,679↓25% | — |
| 2018 | $655,281↓54% | $754,968↓47% | $1,023,544↓1% | — |
| 2017 | $1,437,102↑111% | $1,433,619↑117% | $1,035,756↓12% | — |
| 2016 | $681,070↓50% | $662,127↓52% | $1,176,680↑8% | — |
| 2015 | $1,375,211↑94% | $1,372,142↑122% | $1,088,953↑2% | — |
| 2014 | $707,478↑5% | $619,161↓14% | $1,072,421↓4% | — |
| 2013 | $671,761↑12% | $716,425↑59% | $1,119,031↑42% | — |
| 2012 | $597,886↑2% | $451,827↑3% | $788,232↑8% | — |
| 2011 | $583,605 | $437,579 | $729,152 | — |
Frequently Asked Questions
What does Spring Manufacturers Institute Inc do?▼
Spring Manufacturers Institute Inc is a unclassified nonprofit organization based in Illinois. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Spring Manufacturers Institute Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Spring Manufacturers Institute Inc.
How much revenue does Spring Manufacturers Institute Inc generate?▼
Spring Manufacturers Institute Inc reports $707K in annual revenue and holds $279K in total assets, based on IRS filings.
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