LHousing & ShelterEIN: 341365690· Ruling Year: 1982

East Akron Neighborhood Development Corporation

Akron, Ohio

AHealth Score
85A

Financial Health Score

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

Excellent

💰
$6.1M
Total Revenue
📊
$4.3M
Total Expenses
🏦
$18.7M
Net Assets
📋
$18.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+69.5%
Year-over-year change (2022 → 2023)
Net Margin
+30.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.38
Net assets divided by total expenses
Liabilities-to-Assets
49.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,136,80370%$4,268,91428%$37,078,2894%
2022$3,620,17123%$3,323,9546%$35,680,4131%
2021$4,723,81812%$3,521,95013%$35,988,4643%
2020$5,375,95641%$4,068,69521%$34,965,86614%
2019$3,808,2483%$3,375,6605%$30,759,957
2018$3,708,52125%$3,547,95613%$30,629,5775%
2017$4,918,0752%$4,056,3915%$32,357,7787%
2016$5,008,6006%$3,874,59113%$30,270,3491%
2015$4,740,52914%$4,446,3372%$30,719,6664%
2014$5,508,69420%$4,347,09725%$29,426,8964%
2013$6,878,2312%$5,793,7947%$28,321,91912%
2012$7,035,90712%$6,234,1149%$25,385,7574%
2011$7,989,172$5,731,288$24,503,793

Frequently Asked Questions

What does East Akron Neighborhood Development Corporation do?

East Akron Neighborhood Development Corporation is a housing & shelter nonprofit organization based in Ohio. It is classified under NTEE code L810 and is registered as a 501(c) tax-exempt organization with the IRS.

Is East Akron Neighborhood Development Corporation financially healthy?

Based on our 9-metric Financial Health Score model, East Akron Neighborhood Development Corporation has a score of 85/100 (Grade: A). 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 East Akron Neighborhood Development Corporation generate?

East Akron Neighborhood Development Corporation reports $3.1M in annual revenue and holds $39.1M in total assets, based on IRS filings.

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