Explorations Inc
Winsted, Connecticut
B+Health Score
74B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
This Org0.94×
Peer Median20.77×
💰
$2.0M
Total Revenue
📊
$1.8M
Total Expenses
🏦
$1.7M
Net Assets
📋
$302K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+35.0%
Year-over-year change (2022 → 2023)
Net Margin
+13.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.94
Net assets divided by total expenses
Liabilities-to-Assets
15.4%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,029,909↑35% | $1,760,077↑2% | $1,962,289↑23% | |
| 2022 | $1,504,125↓16% | $1,733,589↑4% | $1,592,828↓3% | — |
| 2021 | $1,783,509↑4% | $1,674,744↑1% | $1,646,197↓2% | — |
| 2020 | $1,711,423↓3% | $1,660,383↓9% | $1,688,064↑2% | — |
| 2019 | $1,759,855 | $1,816,479↓2% | $1,656,616↓4% | — |
| 2018 | $1,756,389↑2% | $1,847,307↑4% | $1,734,605↑1% | — |
| 2017 | $1,721,743↓2% | $1,780,711↑7% | $1,711,933↓4% | — |
| 2016 | $1,761,650↑32% | $1,671,540↑23% | $1,778,417↑6% | — |
| 2015 | $1,331,236↑8% | $1,354,612↑7% | $1,674,849↓1% | — |
| 2014 | $1,230,980↑14% | $1,263,494↑6% | $1,687,130↓1% | — |
| 2013 | $1,080,034↑9% | $1,193,557↑5% | $1,705,216↓3% | — |
| 2012 | $986,879↓3% | $1,131,897↑2% | $1,766,916↓8% | — |
| 2011 | $1,014,040 | $1,112,543 | $1,919,164 | — |
Frequently Asked Questions
What does Explorations Inc do?▼
Explorations Inc is a education nonprofit organization based in Connecticut. It is classified under NTEE code B99Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Explorations Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Explorations Inc.
How much revenue does Explorations Inc generate?▼
Explorations Inc reports $1.5M in annual revenue and holds $1.5M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Education category, or browse all nonprofits in Connecticut.