Lorain County Community College Innovation Foundation
Elyria, Ohio
BHealth Score
61B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
How This Organization Compares
Compared to 2 peers in Education with <$100K revenue
Working Capital Ratio (net assets ÷ expenses)
This Org336.84×
Peer Median26.08×
💰
$6K
Total Revenue
📊
$2K
Total Expenses
🏦
$831K
Net Assets
📋
$409
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-97.4%
Year-over-year change (2022 → 2023)
Net Margin
+61.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
336.84
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets
Filing History
9 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $6,415↓97% | $2,466↓13% | $831,062↑7% | — |
| 2022 | $250,127↑14358% | $2,831↓14% | $776,948↑55% | — |
| 2021 | $1,730 | $3,275↓41% | $501,480↑4% | — |
| 2020 | $0 | $5,525↓18% | $481,531↑2% | — |
| 2019 | $0 | $6,732↑129% | $472,420↓5% | — |
| 2017 | $0 | $2,944 | $498,500 | — |
| 2016 | $0↓100% | $0 | $500,000 | — |
| 2015 | $500,000 | $0 | $500,000↑49999900% | — |
| 2014 | $0 | $0 | $1 | — |
Frequently Asked Questions
What does Lorain County Community College Innovation Foundation do?▼
Lorain County Community College Innovation Foundation is a education nonprofit organization based in Ohio. It is classified under NTEE code B90 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lorain County Community College Innovation Foundation financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Lorain County Community College Innovation Foundation.
How much revenue does Lorain County Community College Innovation Foundation generate?▼
Lorain County Community College Innovation Foundation reports $13K in annual revenue and holds $791K in total assets, based on IRS filings.