Downtown Somerset Development Corporation Inc
Somerset, Kentucky
B-Health Score
54B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$26K
Total Revenue
📊
$295K
Total Expenses
🏦
$230K
Net Assets
📋
$2K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+39.1%
Year-over-year change (2022 → 2023)
Net Margin
-1045.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.78
Net assets divided by total expenses
Liabilities-to-Assets
1.0%
Total liabilities as % of total assets
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $25,743↑39% | $294,855↑2346% | $231,943↓55% | — |
| 2022 | $18,509↑1% | $12,055↓68% | $517,081 | — |
| 2021 | $18,395↓61% | $37,323↓45% | $515,827↓4% | — |
| 2020 | $46,664↓43% | $67,769↓10% | $535,085↓4% | — |
| 2019 | $81,454↑18% | $75,458↓47% | $557,268 | — |
| 2018 | $68,821↓2% | $143,551↑28% | $555,947↓11% | — |
| 2017 | $70,487↓7% | $112,381↑7% | $627,687↓6% | — |
| 2016 | $76,180↓56% | $104,894↓36% | $667,812↓3% | — |
| 2015 | $174,177↓21% | $164,823↓27% | $686,902 | — |
| 2014 | $220,331↑7% | $226,901↓8% | $687,253↓2% | — |
| 2013 | $205,945↑9% | $246,755↑22% | $701,765↓4% | — |
| 2012 | $188,386 | $202,269 | $733,838 | — |
Frequently Asked Questions
What does Downtown Somerset Development Corporation Inc do?▼
Downtown Somerset Development Corporation Inc is a unclassified nonprofit organization based in Kentucky. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Downtown Somerset Development Corporation Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Downtown Somerset Development Corporation Inc.
How much revenue does Downtown Somerset Development Corporation Inc generate?▼
Downtown Somerset Development Corporation Inc reports $28K in annual revenue and holds $229K in total assets, based on IRS filings.
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