Florence Downtown Development Corporation Inc
Florence, South Carolina
BHealth Score
63B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$356K
Total Revenue
📊
$376K
Total Expenses
🏦
$1.2M
Net Assets
📋
$5K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+1.8%
Year-over-year change (2022 → 2023)
Net Margin
-5.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.23
Net assets divided by total expenses
Liabilities-to-Assets
0.4%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $355,786↑2% | $376,035 | $1,220,758↓2% | — |
| 2022 | $349,597↑43% | $375,278↑165% | $1,241,699↓2% | — |
| 2021 | $244,033↓33% | $141,361↓60% | $1,266,126↑1% | — |
| 2020 | $362,979↓40% | $351,852↓36% | $1,249,776 | — |
| 2019 | $609,882↑27% | $550,145↑4% | $1,247,296↑18% | — |
| 2018 | $478,826↓3% | $531,361↓12% | $1,058,219↓4% | — |
| 2017 | $493,051↓1% | $604,913↑31% | $1,105,383↓14% | — |
| 2016 | $498,238↑18% | $460,715↓7% | $1,285,311↑9% | — |
| 2015 | $421,147↓26% | $493,163↑9% | $1,174,303↓7% | — |
| 2014 | $567,558↑80% | $450,558↑81% | $1,264,990↓11% | — |
| 2013 | $315,109↓24% | $248,610↓17% | $1,422,683↑23% | — |
| 2012 | $416,434↑24% | $300,091↑38% | $1,157,884↑13% | — |
| 2011 | $337,006 | $217,386 | $1,025,221 | — |
Frequently Asked Questions
What does Florence Downtown Development Corporation Inc do?▼
Florence Downtown Development Corporation Inc is a environment nonprofit organization based in South Carolina. It is classified under NTEE code C50 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Florence Downtown Development Corporation Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Florence Downtown Development Corporation Inc.
How much revenue does Florence Downtown Development Corporation Inc generate?▼
Florence Downtown Development Corporation Inc reports $422K in annual revenue and holds $1.3M in total assets, based on IRS filings.
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