B โ€” EducationEIN: 223772541ยท Ruling Year: 2001

New Hope Memorial Community Development Corporation Inc

Elizabeth, New Jersey

B+Health Score
71B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$591K
Total Revenue
๐Ÿ“Š
$553K
Total Expenses
๐Ÿฆ
$388K
Net Assets
๐Ÿ“‹
$164K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Net Margin
+6.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.70
Net assets divided by total expenses
Liabilities-to-Assets
29.7%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$591,333$552,688$551,565
2022$0โ†“100%$0โ†“100%$0โ†“100%
2021$499,700โ†“8%$480,373โ†“19%$499,518โ†‘36%
2020$542,154โ†“70%$590,882โ†“67%$367,466โ†‘638%
2019$1,814,415โ†“3%$1,782,495โ†“8%$49,774โ†‘61%
2018$1,873,425โ†“10%$1,940,048โ†“4%$30,942โ†‘1680%
2017$2,089,835โ†‘1%$2,030,957โ†“6%-$1,958โ†“104%
2016$2,067,160โ†“5%$2,150,593โ†“8%$47,603โ†“22%
2015$2,174,026โ†‘81%$2,348,917โ†‘82%$60,867โ†‘208%
2014$1,198,434โ†“39%$1,293,231โ†“38%$19,759โ†“69%
2013$1,970,397โ†‘2%$2,090,154โ†‘1%$63,032โ†‘263%
2012$1,936,387โ†“2%$2,078,164โ†‘4%$17,373โ†“81%
2011$1,981,320โ†“2%$1,997,332$93,237โ†‘91%
2010$2,031,108$1,991,221$48,924

Frequently Asked Questions

What does New Hope Memorial Community Development Corporation Inc do?โ–ผ

New Hope Memorial Community Development Corporation Inc is a education nonprofit organization based in New Jersey. It is classified under NTEE code B92 and is registered as a 501(c) tax-exempt organization with the IRS.

Is New Hope Memorial Community Development Corporation Inc financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for New Hope Memorial Community Development Corporation Inc.

How much revenue does New Hope Memorial Community Development Corporation Inc generate?โ–ผ

New Hope Memorial Community Development Corporation Inc reports $524K in annual revenue and holds $1.1M in total assets, based on IRS filings.

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New Hope Memorial Community Development Corporation Inc โ€” Elizabeth, NJ | GiveScope