PHuman ServicesEIN: 351060633· Ruling Year: 1953

Adec Inc

Bristol, Indiana

A-Health Score
81A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 15 peers in Human Services with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.76×
Peer Median7.39×
💰
$23.1M
Total Revenue
📊
$22.5M
Total Expenses
🏦
$39.7M
Net Assets
📋
$2.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+6.4%
Year-over-year change (2023 → 2024)
Net Margin
+2.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.76
Net assets divided by total expenses
Liabilities-to-Assets
5.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$23,102,7816%$22,533,3638%$41,780,5558%
2023$21,722,8491%$20,884,4875%$38,543,4048%
2022$22,045,756$19,909,80612%$35,707,1303%
2021$22,018,12312%$17,815,3646%$36,869,08320%
2020$19,624,3261%$18,871,6145%$30,826,88412%
2019$19,910,0025%$17,977,4173%$27,509,6998%
2018$19,031,3204%$17,506,5576%$25,538,06510%
2017$18,384,880$16,543,2313%$23,215,59211%
2016$18,386,9443%$16,972,8264%$20,893,6417%
2015$17,789,322$16,363,9214%$19,532,2937%
2014$17,743,1692%$17,095,251$18,205,3164%
2013$17,368,5361%$17,148,2281%$17,514,5304%
2012$17,628,010$17,297,348$16,887,581

Frequently Asked Questions

What does Adec Inc do?

Adec Inc is a human services nonprofit organization based in Indiana. It is classified under NTEE code P80 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Adec Inc financially healthy?

Based on our 9-metric Financial Health Score model, Adec Inc has a score of 81/100 (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 Adec Inc generate?

Adec Inc reports $24.0M in annual revenue and holds $44.2M in total assets, based on IRS filings.

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Adec Inc — Bristol, IN | GiveScope