J โ€” EmploymentEIN: 341916518ยท Ruling Year: 2000

Economic Growth Foundation

Cleveland, Ohio

AHealth Score
86A

Financial Health Score

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

Excellent

๐Ÿ’ฐ
$4.8M
Total Revenue
๐Ÿ“Š
$4.7M
Total Expenses
๐Ÿฆ
$11.8M
Net Assets
๐Ÿ“‹
$916K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+65.7%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+3.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.53
Net assets divided by total expenses
Liabilities-to-Assets
7.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,825,347โ†‘66%$4,682,632โ†‘21%$12,747,580โ†“7%
2022$2,912,962โ†‘3%$3,877,223โ†‘53%$13,654,480โ†‘3%
2021$2,832,062โ†“9%$2,536,728โ†“15%$13,288,983โ†‘1%
2020$3,100,506โ†‘39%$2,998,593โ†‘28%$13,192,932โ†‘2%
2019$2,233,236โ†“20%$2,349,509โ†‘55%$12,875,482โ†‘2%
2018$2,776,179โ†‘61%$1,515,136โ†‘6%$12,652,814โ†‘9%
2017$1,720,551โ†“39%$1,433,003โ†“53%$11,610,699โ†‘4%
2016$2,842,398โ†‘27%$3,069,543โ†‘34%$11,124,435โ†“3%
2015$2,231,962โ†“28%$2,292,760โ†‘31%$11,462,985
2014$3,096,625โ†“1%$1,751,693โ†“13%$11,417,163โ†‘18%
2013$3,123,219โ†‘51%$2,024,953โ†“48%$9,696,063โ†‘9%
2012$2,067,192โ†“46%$3,905,215โ†‘1%$8,886,291โ†“20%
2011$3,862,239$3,859,374$11,087,266

Frequently Asked Questions

What does Economic Growth Foundation do?โ–ผ

Economic Growth Foundation is a employment nonprofit organization based in Ohio. It is classified under NTEE code J22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Economic Growth Foundation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Economic Growth Foundation has a score of 86/100 (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 Economic Growth Foundation generate?โ–ผ

Economic Growth Foundation reports $5.0M in annual revenue and holds $13.4M in total assets, based on IRS filings.

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