South Shore Economic Development Corporation
Rockland, Massachusetts
CHealth Score
37C
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Below Average
💰
$411K
Total Revenue
📊
$420K
Total Expenses
🏦
-$49K
Net Assets
📋
$225K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+130.7%
Year-over-year change (2022 → 2023)
Net Margin
-2.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.12
Net assets divided by total expenses
Liabilities-to-Assets
127.9%
Total liabilities as % of total assets
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $410,918↑131% | $419,642↑159% | $176,302↑5% | — |
| 2022 | $178,133↓58% | $162,021↓59% | $167,761↓22% | — |
| 2021 | $419,145↑95% | $394,322↑96% | $214,863↑6% | — |
| 2020 | $215,038↑163% | $201,171↑44% | $203,362↑55% | — |
| 2019 | $81,623↓27% | $139,271↑15% | $131,285↓16% | — |
| 2018 | $112,236↑587% | $121,173↑1053% | $156,780↓18% | — |
| 2018 | $16,347↑110% | $10,505↓21% | $190,708↑7% | — |
| 2017 | $7,793↓87% | $13,317↓94% | $178,711↑13% | — |
| 2016 | $61,102↓36% | $218,383↑52% | $158,676↓46% | — |
| 2015 | $95,381↓38% | $143,443↓19% | $296,287↓2% | — |
| 2014 | $154,282↑69% | $176,870↑38% | $303,603↑8% | — |
| 2013 | $91,050↓8% | $128,275↑29% | $282,396↑3% | — |
| 2012 | $99,233↑22% | $99,659↑5% | $275,139↑2% | — |
| 2011 | $81,531 | $95,263 | $268,866 | — |
Frequently Asked Questions
What does South Shore Economic Development Corporation do?▼
South Shore Economic Development Corporation is a unclassified nonprofit organization based in Massachusetts. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is South Shore Economic Development Corporation financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for South Shore Economic Development Corporation.
How much revenue does South Shore Economic Development Corporation generate?▼
South Shore Economic Development Corporation reports $274K in annual revenue and holds $241K in total assets, based on IRS filings.
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