S โ€” Community Improvement & Capacity BuildingEIN: 561371833ยท Ruling Year: 1985

Downtown Statesville Development Corporation

Statesville, North Carolina

B+Health Score
73B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$333K
Total Revenue
๐Ÿ“Š
$310K
Total Expenses
๐Ÿฆ
$296K
Net Assets
๐Ÿ“‹
$29K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+39.2%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+6.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.95
Net assets divided by total expenses
Liabilities-to-Assets
9.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$333,452โ†‘39%$310,299โ†‘37%$324,967โ†‘11%
2022$239,570โ†‘33%$226,767โ†‘32%$292,841โ†‘9%
2021$179,844โ†“30%$171,349โ†“24%$269,664โ†‘5%
2020$255,196โ†‘25%$225,677โ†“2%$257,006โ†‘14%
2019$203,700โ†“10%$231,346โ†‘8%$225,570โ†“40%
2018$226,398โ†“4%$213,658โ†“6%$377,444โ†‘5%
2017$234,705โ†‘14%$227,251โ†‘23%$360,270โ†‘2%
2016$205,135โ†‘27%$185,487โ†‘18%$352,217โ†‘6%
2015$161,233โ†“1%$157,123โ†‘2%$332,569โ†‘1%
2014$163,054โ†‘7%$153,402โ†‘4%$328,459โ†‘3%
2013$152,847โ†“38%$147,720โ†“2%$318,802โ†‘2%
2012$247,132โ†‘63%$151,411โ†‘1%$313,675โ†‘237%
2011$151,543$149,233$92,954

Frequently Asked Questions

What does Downtown Statesville Development Corporation do?โ–ผ

Downtown Statesville Development Corporation is a community improvement & capacity building nonprofit organization based in North Carolina. It is classified under NTEE code S20Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Downtown Statesville Development Corporation financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Downtown Statesville Development Corporation.

How much revenue does Downtown Statesville Development Corporation generate?โ–ผ

Downtown Statesville Development Corporation reports $334K in annual revenue and holds $356K in total assets, based on IRS filings.

Downtown Statesville Development Corporation โ€” Statesville, NC | GiveScope