S โ€” Community Improvement & Capacity BuildingEIN: 521798121ยท Ruling Year: 2007

Independent Electrical Contractors Inc

Laurel, Maryland

BHealth Score
56B

Financial Health Score

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

Above Average

๐Ÿ’ฐ
$803K
Total Revenue
๐Ÿ“Š
$740K
Total Expenses
๐Ÿฆ
$507K
Net Assets
๐Ÿ“‹
$928K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+27.7%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+7.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.68
Net assets divided by total expenses
Liabilities-to-Assets
64.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$802,992โ†‘28%$739,806โ†‘6%$1,434,577โ†‘93%
2022$628,721โ†“7%$697,661โ†‘22%$741,424โ†“16%
2021$676,661โ†‘23%$571,536โ†‘13%$886,699โ†‘24%
2020$549,084โ†“5%$505,910โ†‘12%$716,687โ†‘23%
2019$579,559โ†‘20%$450,263โ†‘6%$584,056โ†‘22%
2018$482,138โ†‘4%$426,477โ†‘2%$478,339โ†‘14%
2017$462,668โ†‘12%$416,897โ†‘25%$419,205โ†‘9%
2016$413,749โ†“1%$334,678โ†‘2%$383,964โ†‘10%
2015$419,882โ†‘43%$327,333โ†“23%$348,008โ†‘213%
2014$294,564โ†“35%$422,689โ†‘12%$111,177โ†“70%
2013$453,253โ†‘35%$378,281โ†“16%$373,699โ†“3%
2012$336,696โ†“7%$450,915โ†‘11%$383,421โ†“23%
2011$362,482$405,193$496,947

Frequently Asked Questions

What does Independent Electrical Contractors Inc do?โ–ผ

Independent Electrical Contractors Inc is a community improvement & capacity building nonprofit organization based in Maryland. It is classified under NTEE code S41 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Independent Electrical Contractors Inc financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Independent Electrical Contractors Inc.

How much revenue does Independent Electrical Contractors Inc generate?โ–ผ

Independent Electrical Contractors Inc reports $885K in annual revenue and holds $1.6M in total assets, based on IRS filings.

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Independent Electrical Contractors Inc โ€” Laurel, MD | GiveScope