LHousing & ShelterEIN: 232746544· Ruling Year: 1994

Community Initiatives Development Corporation

Lakewood Rch, Florida

B+Health Score
67B+

Financial Health Score

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

Good

💰
$7.1M
Total Revenue
📊
$7.3M
Total Expenses
🏦
$13.5M
Net Assets
📋
$96.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-17.8%
Year-over-year change (2022 → 2023)
Net Margin
-2.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.84
Net assets divided by total expenses
Liabilities-to-Assets
87.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$7,123,07718%$7,326,62625%$109,605,1863%
2022$8,661,23866%$5,854,86173%$113,442,98839%
2021$5,207,829104%$3,389,30943%$81,733,971143%
2020$2,558,22736%$2,374,45120%$33,688,98337%
2019$1,878,0975%$1,978,263$24,598,93342%
2018$1,980,8207%$1,986,0992%$17,307,16413%
2017$1,844,23286%$1,940,16691%$19,985,79793%
2016$13,540,8042%$20,675,6637%$304,442,6243%
2015$13,271,1457%$22,299,8965%$312,733,1383%
2014$14,339,52818%$23,593,4587%$321,985,1863%
2013$12,191,18415%$25,470,85016%$332,676,6534%
2012$14,390,26416%$30,299,0083%$346,420,5955%
2011$17,226,519$31,310,333$363,781,164

Frequently Asked Questions

What does Community Initiatives Development Corporation do?

Community Initiatives Development Corporation is a housing & shelter nonprofit organization based in Florida. It is classified under NTEE code L210 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Community Initiatives Development Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Community Initiatives Development Corporation has a score of 67/100 (Grade: B+). 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 Community Initiatives Development Corporation generate?

Community Initiatives Development Corporation reports $8.3M in annual revenue and holds $126.9M in total assets, based on IRS filings.

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