Scarlet Covering Inc
Baltimore, Maryland
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
11 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,192,611↑36% | $1,891,178↑26% | $1,407,692↑22% | |
| 2022 | $1,608,801↑44% | $1,495,004↑27% | $1,154,019↑11% | — |
| 2021 | $1,114,512↑3% | $1,180,887↑30% | $1,041,058↑116% | — |
| 2020 | $1,081,019↓6% | $905,375↓25% | $482,792↑195% | — |
| 2019 | $1,152,951↓3% | $1,202,738↑7% | $163,707↓21% | — |
| 2018 | $1,190,974↑15% | $1,121,466↑9% | $207,979↑48% | — |
| 2017 | $1,034,952↑13% | $1,028,250↑12% | $140,184 | — |
| 2016 | $918,146↑3% | $914,860↓3% | $0 | — |
| 2015 | $895,505 | $947,158↑7% | $0↓100% | — |
| 2014 | $894,940↑10% | $884,188↑20% | $129,387↑9% | — |
| 2013 | $815,464 | $737,437 | $118,636 | — |
Frequently Asked Questions
What does Scarlet Covering Inc do?▼
Scarlet Covering Inc is a youth development nonprofit organization based in Maryland. It is classified under NTEE code O50 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Scarlet Covering Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Scarlet Covering Inc has a score of 83/100 (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 Scarlet Covering Inc generate?▼
Scarlet Covering Inc reports $2.8M in annual revenue and holds $2.0M in total assets, based on IRS filings.
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