SCommunity Improvement & Capacity BuildingEIN: 061062368· Ruling Year: 1982

Science Park Development Corporation

New Haven, Connecticut

DHealth Score
32D

Financial Health Score

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

Poor

💰
$3.9M
Total Revenue
📊
$4.8M
Total Expenses
🏦
-$11.0M
Net Assets
📋
$23.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2.1%
Year-over-year change (2022 → 2023)
Net Margin
-23.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
-2.27
Net assets divided by total expenses
Liabilities-to-Assets
185.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,925,4232%$4,832,646$12,783,0202%
2022$3,846,14210%$4,830,02710%$13,068,6242%
2021$3,489,3031%$4,374,8382%$13,300,8505%
2020$3,510,8687%$4,300,4562%$13,979,1583%
2019$3,278,0669%$4,394,1022%$14,382,3994%
2018$3,597,55834%$4,305,5998%$14,907,4301%
2017$2,694,1391%$3,973,7782%$15,056,5863%
2016$2,667,8891%$4,043,572$15,542,8724%
2015$2,705,41651%$4,061,7545%$16,198,9514%
2014$5,476,29981%$4,294,2132%$16,911,0088%
2013$3,030,50222%$4,214,3176%$15,590,506
2012$3,880,76262%$3,991,6176%$15,526,1101%
2011$2,388,376$4,261,547$15,361,058

Frequently Asked Questions

What does Science Park Development Corporation do?

Science Park Development Corporation is a community improvement & capacity building nonprofit organization based in Connecticut. It is classified under NTEE code S40 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Science Park Development Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Science Park Development Corporation has a score of 32/100 (Grade: D). 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 Science Park Development Corporation generate?

Science Park Development Corporation reports $6.7M in annual revenue and holds $15.6M in total assets, based on IRS filings.

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