S โ€” Community Improvement & Capacity BuildingEIN: 521044252ยท Ruling Year: 1980

Ocean City Hotel Motel And Restaurant Association Inc

Ocean City, Maryland

A-Health Score
83A-

Financial Health Score

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

Very Good

๐Ÿ’ฐ
$592K
Total Revenue
๐Ÿ“Š
$467K
Total Expenses
๐Ÿฆ
$501K
Net Assets
๐Ÿ“‹
$75K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+17.5%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+21.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.07
Net assets divided by total expenses
Liabilities-to-Assets
13.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$592,251โ†‘17%$466,821โ†‘28%$575,970โ†‘28%
2022$504,247โ†‘32%$364,172โ†‘36%$450,978โ†‘44%
2021$380,772โ†‘22%$267,460โ†“10%$314,169โ†‘56%
2020$312,862โ†“41%$295,842โ†“42%$200,857โ†‘9%
2019$528,956โ†‘17%$508,156โ†“4%$183,956โ†‘12%
2018$452,567โ†“12%$528,309โ†‘2%$163,553โ†“33%
2017$513,685โ†‘7%$518,559โ†“5%$245,724โ†‘3%
2016$481,503โ†“2%$547,183โ†‘20%$239,091โ†“20%
2015$489,584โ†‘5%$457,603โ†‘9%$299,633โ†‘12%
2014$466,028โ†‘1%$417,937โ†‘7%$267,660โ†‘16%
2013$463,444โ†‘12%$390,396โ†“3%$230,874โ†‘47%
2012$413,133โ†“1%$404,221โ†‘9%$156,726โ†‘9%
2011$416,277$371,221$143,424

Frequently Asked Questions

What does Ocean City Hotel Motel And Restaurant Association Inc do?โ–ผ

Ocean City Hotel Motel And Restaurant Association Inc is a community improvement & capacity building nonprofit organization based in Maryland. It is classified under NTEE code S41Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Ocean City Hotel Motel And Restaurant Association Inc financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Ocean City Hotel Motel And Restaurant Association Inc.

How much revenue does Ocean City Hotel Motel And Restaurant Association Inc generate?โ–ผ

Ocean City Hotel Motel And Restaurant Association Inc reports $636K in annual revenue and holds $674K in total assets, based on IRS filings.

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Ocean City Hotel Motel And Restaurant Association Inc โ€” Ocean City, MD | GiveScope