SCommunity Improvement & Capacity BuildingEIN: 223116935· Ruling Year: 1991

Network Inc

Andover, Connecticut

CHealth Score
38C

Financial Health Score

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

Below Average

How This Organization Compares

Compared to 8 peers in Community Improvement & Capacity Building with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.05×
Peer Median2.76×
💰
$23.4M
Total Revenue
📊
$23.6M
Total Expenses
🏦
$1.3M
Net Assets
📋
$13.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.2%
Year-over-year change (2022 → 2023)
Net Margin
-0.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.05
Net assets divided by total expenses
Liabilities-to-Assets
91.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$23,435,2824%$23,578,9695%$14,733,54837%
2022$22,494,6534%$22,560,9443%$10,784,1233%
2021$23,443,2561%$23,347,0641%$11,161,7263%
2020$23,114,41575%$23,105,39074%$10,863,750106%
2019$13,188,7302%$13,270,0832%$5,274,680
2018$12,935,3022%$13,045,8912%$5,250,96111%
2017$12,714,5221%$12,785,4711%$4,744,5638%
2016$12,576,6596%$12,652,7686%$5,132,9794%
2015$11,817,5279%$11,933,81610%$5,366,3341%
2014$10,805,1811%$10,893,5172%$5,313,1153%
2013$10,694,7453%$10,707,7782%$5,134,3031%
2012$10,425,8689%$10,476,649$5,178,1113%
2011$11,481,458$10,439,790$5,048,815

Frequently Asked Questions

What does Network Inc do?

Network Inc is a community improvement & capacity building nonprofit organization based in Connecticut. It is classified under NTEE code S41I and is registered as a 501(c) tax-exempt organization with the IRS.

Is Network Inc financially healthy?

Based on our 9-metric Financial Health Score model, Network Inc has a score of 38/100 (Grade: C). 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 Network Inc generate?

Network Inc reports $26.8M in annual revenue and holds $17.8M in total assets, based on IRS filings.

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Network Inc — Andover, CT | GiveScope