S โ€” Community Improvement & Capacity BuildingEIN: 421711239ยท Ruling Year: 2011

Lucas County Economic Development Corporation

Toledo, Ohio

B+Health Score
66B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$4.6M
Total Revenue
๐Ÿ“Š
$3.2M
Total Expenses
๐Ÿฆ
$4.2M
Net Assets
๐Ÿ“‹
$40.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+128.1%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+29.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.29
Net assets divided by total expenses
Liabilities-to-Assets
90.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,608,812โ†‘128%$3,228,643โ†‘74%$44,374,868โ†‘3%
2022$2,020,086โ†‘111%$1,854,572โ†‘85%$43,278,006โ†‘11%
2021$957,703โ†‘76%$1,001,684โ†“74%$38,889,448โ†“4%
2020$542,985โ†“83%$3,820,734โ†‘186%$40,408,382โ†‘504%
2019$3,211,616โ†‘754%$1,333,768โ†‘458%$6,687,964โ†‘60%
2018$376,137โ†‘101%$238,845โ†‘47%$4,181,047โ†‘5%
2017$187,535โ†“93%$162,106โ†‘154%$3,985,946โ†‘1%
2016$2,527,496โ†‘97%$63,732โ†“95%$3,965,667โ†‘145%
2015$1,282,996โ†“25%$1,278,323โ†‘157%$1,615,880โ†‘8%
2014$1,721,739โ†‘240%$498,287โ†‘4%$1,493,850โ†‘434%
2013$506,960โ†“17%$478,287โ†“21%$280,004โ†‘1%
2012$613,071โ†“16%$604,615โ†“13%$278,050โ†‘7%
2011$730,971$692,359$260,933

Frequently Asked Questions

What does Lucas County Economic Development Corporation do?โ–ผ

Lucas County Economic Development Corporation is a community improvement & capacity building nonprofit organization based in Ohio. It is classified under NTEE code S31 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lucas County Economic Development Corporation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Lucas County Economic Development Corporation has a score of 66/100 (Grade: B+). 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 Lucas County Economic Development Corporation generate?โ–ผ

Lucas County Economic Development Corporation reports $5.1M in annual revenue and holds $88.1M in total assets, based on IRS filings.

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Lucas County Economic Development Corporation โ€” Toledo, OH | GiveScope