S โ€” Community Improvement & Capacity BuildingEIN: 204407846ยท Ruling Year: 2006

Marlborough Economic Development Corporation

Marlborough, Massachusetts

B+Health Score
67B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$1.0M
Total Revenue
๐Ÿ“Š
$1.0M
Total Expenses
๐Ÿฆ
$1.4M
Net Assets
๐Ÿ“‹
$81K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+3.2%
Year-over-year change (2023 โ†’ 2024)
Net Margin
+3.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.39
Net assets divided by total expenses
Liabilities-to-Assets
5.5%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$1,040,121โ†‘3%$1,002,816โ†‘11%$1,470,550
2023$1,008,194โ†‘41%$903,545โ†‘23%$1,473,656โ†“38%
2022$715,511โ†‘12%$736,516โ†“3%$2,378,355
2021$641,706โ†“42%$757,220โ†‘2%$2,370,624โ†‘18%
2020$1,104,323โ†‘64%$741,244โ†‘4%$2,006,385โ†‘23%
2019$673,497โ†“12%$714,715$1,634,921โ†‘161%
2018$769,156โ†‘6%$717,482โ†‘30%$626,160โ†‘10%
2017$725,260โ†“1%$552,405โ†‘3%$569,965โ†‘50%
2016$731,913โ†‘42%$537,922โ†‘14%$380,898โ†“57%
2015$513,915$470,711โ†‘6%$893,190โ†‘417%
2014$511,806โ†‘35%$442,805โ†“13%$172,616โ†‘262%
2013$377,904โ†“13%$511,520โ†‘45%$47,674โ†“74%
2012$432,887โ†‘47%$352,056โ†‘35%$183,579โ†‘87%
2011$294,750$260,132$98,074

Frequently Asked Questions

What does Marlborough Economic Development Corporation do?โ–ผ

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

Is Marlborough Economic Development Corporation financially healthy?โ–ผ

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

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

Marlborough Economic Development Corporation reports $1.4M in annual revenue and holds $1.8M in total assets, based on IRS filings.

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Marlborough Economic Development Corporation โ€” Marlborough, MA | GiveScope