S โ€” Community Improvement & Capacity BuildingEIN: 450280838ยท Ruling Year: 2021

Hillsboro Economic Development Corporation

Hillsboro, North Dakota

A-Health Score
84A-

Financial Health Score

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

Very Good

๐Ÿ’ฐ
$296K
Total Revenue
๐Ÿ“Š
$85K
Total Expenses
๐Ÿฆ
$871K
Net Assets
๐Ÿ“‹
$2K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+9.9%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+71.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
10.27
Net assets divided by total expenses
Liabilities-to-Assets
0.2%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$295,915โ†‘10%$84,799โ†‘14%$872,827โ†‘32%
2022$269,380โ†‘89%$74,207โ†‘45%$660,995โ†‘42%
2021$142,616โ†‘51%$51,295โ†‘17%$465,768โ†‘24%
2020$94,215โ†‘60%$43,660โ†‘9%$374,193โ†‘15%
2019$58,975โ†“32%$39,979โ†“47%$324,767โ†‘6%
2018$87,007โ†“20%$74,995โ†‘87%$306,219โ†“31%
2017$108,960โ†‘154%$40,169โ†‘22%$445,421โ†‘16%
2016$42,977โ†“6%$32,971โ†“55%$384,074โ†‘79%
2015$45,623โ†‘20%$74,075โ†‘66%$214,446โ†“12%
2014$37,978โ†“10%$44,600โ†“24%$242,838โ†“3%
2013$42,304โ†‘24%$58,877โ†‘87%$249,704โ†“6%
2012$34,033โ†“49%$31,545โ†“48%$266,652
2011$66,491โ†‘129%$60,224โ†‘34%$267,173โ†“6%
2010$29,024$45,063$283,738

Frequently Asked Questions

What does Hillsboro Economic Development Corporation do?โ–ผ

Hillsboro Economic Development Corporation is a community improvement & capacity building nonprofit organization based in North Dakota. It is classified under NTEE code S80 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Hillsboro Economic Development Corporation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Hillsboro Economic Development Corporation has a score of 84/100 (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 Hillsboro Economic Development Corporation generate?โ–ผ

Hillsboro Economic Development Corporation reports $346K in annual revenue and holds $1.1M in total assets, based on IRS filings.

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Hillsboro Economic Development Corporation โ€” Hillsboro, ND | GiveScope