Hanover Arc Incorporated
Glen Allen, Virginia
A-Health Score
78A-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Very Good
💰
$264K
Total Revenue
📊
$144K
Total Expenses
🏦
$318K
Net Assets
📋
$7K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+133.8%
Year-over-year change (2022 → 2023)
Net Margin
+45.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.21
Net assets divided by total expenses
Liabilities-to-Assets
2.2%
Total liabilities as % of total assets
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $263,583↑134% | $143,862↑74% | $325,216↑67% | |
| 2022 | $112,724↑62% | $82,521↑25% | $194,407↑5% | — |
| 2021 | $69,513↑27% | $66,213↓14% | $184,559↑7% | — |
| 2020 | $54,861↓12% | $76,620↑8% | $171,690↓7% | — |
| 2019 | $62,092↓38% | $71,143↓22% | $185,259↓5% | — |
| 2018 | $100,083↑9% | $91,321↑4% | $196,026↑6% | — |
| 2017 | $92,010↓14% | $88,020↓10% | $184,563↓2% | — |
| 2016 | $106,920↑7% | $98,302↓10% | $187,445↑11% | — |
| 2015 | $100,374↓20% | $109,731↓3% | $168,571↓6% | — |
| 2014 | $125,673↑8% | $113,230↑3% | $178,771↑8% | — |
| 2013 | $116,360↓8% | $109,744↓2% | $165,447↑6% | — |
| 2012 | $126,706 | $112,277 | $156,646 | — |
Frequently Asked Questions
What does Hanover Arc Incorporated do?▼
Hanover Arc Incorporated is a human services nonprofit organization based in Virginia. It is classified under NTEE code P82Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Hanover Arc Incorporated financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Hanover Arc Incorporated.
How much revenue does Hanover Arc Incorporated generate?▼
Hanover Arc Incorporated reports $476K in annual revenue and holds $602K in total assets, based on IRS filings.
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