Z โ€” UnclassifiedEIN: 520885275ยท Ruling Year: 1970

Salisbury Wicomico Economic Development Inc

Salisbury, Maryland

B-Health Score
49B-

Financial Health Score

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

Average

๐Ÿ’ฐ
$971K
Total Revenue
๐Ÿ“Š
$935K
Total Expenses
๐Ÿฆ
$1.1M
Net Assets
๐Ÿ“‹
$2.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+237.2%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+3.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.18
Net assets divided by total expenses
Liabilities-to-Assets
70.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$971,279โ†‘237%$935,320โ†‘117%$3,746,568โ†‘249%
2022$288,082โ†“95%$430,412โ†“92%$1,074,351โ†“14%
2021$5,424,669โ†“41%$5,628,608โ†“34%$1,249,911โ†“27%
2020$9,227,479โ†‘3200%$8,583,760โ†‘3079%$1,710,686โ†‘71%
2019$279,592โ†“24%$270,038โ†‘5%$1,001,775
2018$367,208โ†‘52%$257,667โ†‘10%$1,004,006โ†‘14%
2017$242,280โ†‘2%$234,433โ†‘2%$878,445โ†‘1%
2016$238,010โ†‘26%$230,035โ†‘16%$871,723โ†“1%
2015$188,823โ†“4%$198,366โ†‘6%$879,763โ†‘1%
2014$196,445โ†“12%$187,909โ†‘1%$869,997โ†‘2%
2013$223,864โ†‘30%$185,830$848,965โ†‘8%
2012$172,461โ†‘3%$185,406โ†‘9%$786,477โ†“1%
2011$167,362$170,284$794,078

Frequently Asked Questions

What does Salisbury Wicomico Economic Development Inc do?โ–ผ

Salisbury Wicomico Economic Development Inc is a unclassified nonprofit organization based in Maryland. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Salisbury Wicomico Economic Development Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Salisbury Wicomico Economic Development Inc has a score of 49/100 (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 Salisbury Wicomico Economic Development Inc generate?โ–ผ

Salisbury Wicomico Economic Development Inc reports $691K in annual revenue and holds $1.4M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Unclassified category, or browse all nonprofits in Maryland.

Salisbury Wicomico Economic Development Inc โ€” Salisbury, MD | GiveScope