L โ€” Housing & ShelterEIN: 222317109ยท Ruling Year: 1983

First Ward Action Council Inc

Binghamton, New York

AHealth Score
87A

Financial Health Score

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

Excellent

๐Ÿ’ฐ
$2.7M
Total Revenue
๐Ÿ“Š
$1.9M
Total Expenses
๐Ÿฆ
$9.0M
Net Assets
๐Ÿ“‹
$4.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+28.2%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+28.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.72
Net assets divided by total expenses
Liabilities-to-Assets
35.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,685,655โ†‘28%$1,908,435โ†‘20%$13,942,709โ†‘18%
2022$2,095,545โ†‘37%$1,591,182โ†‘7%$11,795,207โ†‘13%
2021$1,532,237โ†“17%$1,490,547โ†‘15%$10,476,328โ†“1%
2020$1,851,128โ†“12%$1,300,124โ†“12%$10,593,990โ†‘7%
2019$2,115,151โ†‘98%$1,477,277โ†‘26%$9,878,800โ†‘25%
2018$1,069,481โ†“53%$1,169,744โ†“11%$7,886,547โ†“3%
2017$2,284,095โ†‘39%$1,318,055โ†‘47%$8,110,357โ†‘31%
2016$1,643,546โ†“45%$894,557โ†“9%$6,192,554โ†‘17%
2015$2,966,287โ†‘230%$979,787โ†“15%$5,292,671โ†‘66%
2014$899,376โ†“30%$1,153,047โ†“2%$3,179,803โ†“15%
2013$1,279,830โ†“38%$1,174,326โ†“44%$3,761,345โ†‘5%
2012$2,052,403โ†‘40%$2,112,518โ†‘63%$3,575,831โ†‘1%
2011$1,462,032$1,293,066$3,524,638

Frequently Asked Questions

What does First Ward Action Council Inc do?โ–ผ

First Ward Action Council Inc is a housing & shelter nonprofit organization based in New York. It is classified under NTEE code L200 and is registered as a 501(c) tax-exempt organization with the IRS.

Is First Ward Action Council Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, First Ward Action Council Inc has a score of 87/100 (Grade: A). 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 First Ward Action Council Inc generate?โ–ผ

First Ward Action Council Inc reports $2.2M in annual revenue and holds $14.3M in total assets, based on IRS filings.

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First Ward Action Council Inc โ€” Binghamton, NY | GiveScope