Lucas County Economic Development Corporation
Toledo, Ohio
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,608,812โ128% | $3,228,643โ74% | $44,374,868โ3% | โ |
| 2022 | $2,020,086โ111% | $1,854,572โ85% | $43,278,006โ11% | โ |
| 2021 | $957,703โ76% | $1,001,684โ74% | $38,889,448โ4% | โ |
| 2020 | $542,985โ83% | $3,820,734โ186% | $40,408,382โ504% | โ |
| 2019 | $3,211,616โ754% | $1,333,768โ458% | $6,687,964โ60% | โ |
| 2018 | $376,137โ101% | $238,845โ47% | $4,181,047โ5% | โ |
| 2017 | $187,535โ93% | $162,106โ154% | $3,985,946โ1% | โ |
| 2016 | $2,527,496โ97% | $63,732โ95% | $3,965,667โ145% | โ |
| 2015 | $1,282,996โ25% | $1,278,323โ157% | $1,615,880โ8% | โ |
| 2014 | $1,721,739โ240% | $498,287โ4% | $1,493,850โ434% | โ |
| 2013 | $506,960โ17% | $478,287โ21% | $280,004โ1% | โ |
| 2012 | $613,071โ16% | $604,615โ13% | $278,050โ7% | โ |
| 2011 | $730,971 | $692,359 | $260,933 | โ |
Frequently Asked Questions
What does Lucas County Economic Development Corporation do?โผ
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?โผ
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?โผ
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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