L โ€” Housing & ShelterEIN: 470841633ยท Ruling Year: 2002

Northeast Economic Development Inc

Norfolk, Nebraska

B+Health Score
66B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$776K
Total Revenue
๐Ÿ“Š
$351K
Total Expenses
๐Ÿฆ
$9.3M
Net Assets
๐Ÿ“‹
$950K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-51.1%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+54.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
26.42
Net assets divided by total expenses
Liabilities-to-Assets
9.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$775,884โ†“51%$351,152โ†“43%$10,227,527โ†‘4%
2022$1,587,221โ†“15%$612,485โ†“39%$9,868,632โ†‘10%
2021$1,866,623โ†“13%$996,077โ†“10%$8,945,646โ†‘10%
2020$2,155,430โ†‘122%$1,108,142โ†‘86%$8,158,211โ†‘13%
2019$972,885โ†“14%$596,178โ†“61%$7,198,990โ†‘4%
2018$1,127,933โ†‘24%$1,509,635โ†‘77%$6,921,099โ†“7%
2017$911,440โ†“23%$853,717โ†‘11%$7,481,156โ†“3%
2016$1,185,960โ†“44%$767,288โ†“5%$7,689,304โ†‘7%
2015$2,100,382โ†‘140%$807,693โ†‘24%$7,202,777โ†‘22%
2014$874,334โ†‘25%$648,997โ†“14%$5,921,205โ†‘6%
2013$698,159โ†“76%$750,302โ†“60%$5,601,857โ†‘4%
2012$2,878,971โ†‘111%$1,885,304โ†‘62%$5,403,047โ†‘39%
2011$1,362,790$1,162,029$3,892,651

Frequently Asked Questions

What does Northeast Economic Development Inc do?โ–ผ

Northeast Economic Development Inc is a housing & shelter nonprofit organization based in Nebraska. It is classified under NTEE code L80 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Northeast Economic Development Inc financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Northeast Economic Development Inc.

How much revenue does Northeast Economic Development Inc generate?โ–ผ

Northeast Economic Development Inc reports $1.1M in annual revenue and holds $10.4M in total assets, based on IRS filings.

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Northeast Economic Development Inc โ€” Norfolk, NE | GiveScope