SCommunity Improvement & Capacity BuildingEIN: 561683012· Ruling Year: 1992

Albemarle Downtown Development Corp

Albemarle, North Carolina

B-Health Score
50B-

Financial Health Score

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

Average

💰
$464K
Total Revenue
📊
$459K
Total Expenses
🏦
$671K
Net Assets
📋
$2K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-6.6%
Year-over-year change (2023 → 2024)
Net Margin
+1.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.46
Net assets divided by total expenses
Liabilities-to-Assets
0.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$463,9087%$459,19513%$673,2491%
2023$496,4808%$528,0899%$668,4644%
2022$540,94024%$578,78023%$699,6955%
2021$436,6146%$469,3323%$738,1585%
2019$465,1507%$453,5873%$777,8472%
2018$433,5421%$440,826$765,6841%
2017$428,42119%$442,54512%$772,7688%
2016$531,94310%$501,45614%$837,9031%
2015$591,15916%$585,22820%$844,336
2014$509,2654%$486,6023%$847,1472%
2013$487,8402%$500,472$832,4193%
2012$495,291243%$501,648213%$855,1157%
2011$144,240$160,074$920,385

Frequently Asked Questions

What does Albemarle Downtown Development Corp do?

Albemarle Downtown Development Corp is a community improvement & capacity building nonprofit organization based in North Carolina. It is classified under NTEE code S31Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Albemarle Downtown Development Corp financially healthy?

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

How much revenue does Albemarle Downtown Development Corp generate?

Albemarle Downtown Development Corp reports $496K in annual revenue and holds $667K in total assets, based on IRS filings.

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