S โ€” Community Improvement & Capacity BuildingEIN: 201334546ยท Ruling Year: 2006

Mcallen Area Economic Development Corporation

Mcallen, Texas

B+Health Score
73B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$1.5M
Total Revenue
๐Ÿ“Š
$1.4M
Total Expenses
๐Ÿฆ
$627K
Net Assets
๐Ÿ“‹
$64K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+6.1%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+7.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.45
Net assets divided by total expenses
Liabilities-to-Assets
9.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,521,749โ†‘6%$1,402,272โ†‘5%$691,134โ†‘20%
2022$1,433,905โ†‘11%$1,338,784โ†‘5%$577,418โ†‘18%
2021$1,297,522โ†“8%$1,281,052โ†‘3%$488,783โ†‘3%
2020$1,410,155โ†‘4%$1,246,808โ†“15%$473,564โ†‘49%
2019$1,358,958โ†‘1%$1,475,314โ†“1%$317,814โ†“23%
2018$1,339,442โ†“14%$1,495,862โ†“3%$410,848โ†“24%
2017$1,564,941โ†‘1%$1,549,144$543,120โ†‘5%
2016$1,554,496โ†“1%$1,551,538โ†“3%$516,195โ†“5%
2015$1,565,421โ†“1%$1,596,410โ†“5%$540,662โ†“5%
2014$1,583,834โ†“1%$1,686,974โ†‘9%$568,108โ†“15%
2013$1,593,544โ†‘3%$1,544,689โ†“3%$668,563โ†‘6%
2012$1,546,584โ†“12%$1,593,525โ†“14%$631,725โ†“11%
2011$1,754,046$1,858,213$713,380

Frequently Asked Questions

What does Mcallen Area Economic Development Corporation do?โ–ผ

Mcallen Area Economic Development Corporation is a community improvement & capacity building nonprofit organization based in Texas. It is classified under NTEE code S41 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Mcallen Area Economic Development Corporation financially healthy?โ–ผ

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

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

Mcallen Area Economic Development Corporation reports $1.6M in annual revenue and holds $735K in total assets, based on IRS filings.

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Mcallen Area Economic Development Corporation โ€” Mcallen, TX | GiveScope