SCommunity Improvement & Capacity BuildingEIN: 262740849· Ruling Year: 2021

Olean Local Development Corporation

Olean, New York

BHealth Score
56B

Financial Health Score

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

Above Average

💰
$43K
Total Revenue
📊
$28K
Total Expenses
🏦
$180K
Net Assets
📋
$2K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+1362.5%
Year-over-year change (2023 → 2024)
Net Margin
+35.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
6.45
Net assets divided by total expenses
Liabilities-to-Assets
0.9%
Total liabilities as % of total assets

Filing History

8 filings on record
YearRevenueExpensesAssets
2024$42,9691363%$27,8721709%$181,43512%
2023$2,93899%$1,54199%$205,3601%
2022$217,5995340%$215,83720034%$203,9636572%
2019$4,00062%$1,07289%$3,05775%
2016$10,5233858%$10,013$12,40633%
2016-$280$0$9,334
2015$0$0$9,334344%
2010$0$0$2,100

Frequently Asked Questions

What does Olean Local Development Corporation do?

Olean Local Development Corporation is a community improvement & capacity building nonprofit organization based in New York. It is classified under NTEE code S20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Olean Local Development Corporation financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Olean Local Development Corporation.

How much revenue does Olean Local Development Corporation generate?

Olean Local Development Corporation reports $44K in annual revenue and holds $179K in total assets, based on IRS filings.

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