P — Human 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$23,102,781↑6%$22,533,363↑8%$41,780,555↑8%
2023$21,722,849↓1%$20,884,487↑5%$38,543,404↑8%
2022$22,045,756$19,909,806↑12%$35,707,130↓3%
2021$22,018,123↑12%$17,815,364↓6%$36,869,083↑20%
2020$19,624,326↓1%$18,871,614↑5%$30,826,884↑12%
2019$19,910,002↑5%$17,977,417↑3%$27,509,699↑8%
2018$19,031,320↑4%$17,506,557↑6%$25,538,065↑10%
2017$18,384,880$16,543,231↓3%$23,215,592↑11%
2016$18,386,944↑3%$16,972,826↑4%$20,893,641↑7%
2015$17,789,322$16,363,921↓4%$19,532,293↑7%
2014$17,743,169↑2%$17,095,251$18,205,316↑4%
2013$17,368,536↓1%$17,148,228↓1%$17,514,530↑4%
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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