ZUnclassifiedEIN: 570884979· Ruling Year: 1989

Area Development Partnership

Hattiesburg, Mississippi

B+Health Score
66B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.45×
Peer Median15.40×
💰
$2.5M
Total Revenue
📊
$2.4M
Total Expenses
🏦
$1.1M
Net Assets
📋
$659K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+0.5%
Year-over-year change (2022 → 2023)
Net Margin
+0.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.45
Net assets divided by total expenses
Liabilities-to-Assets
37.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,451,3691%$2,436,03713%$1,751,02318%
2022$2,438,84425%$2,154,86718%$1,489,4548%
2021$1,951,04511%$1,832,1001%$1,380,46840%
2020$1,751,63111%$1,853,88410%$989,07211%
2019$1,966,7642%$2,063,9347%$1,106,4687%
2018$2,002,2597%$1,935,4557%$1,190,28518%
2017$1,878,9941%$1,810,05110%$1,006,23115%
2016$1,902,49615%$1,644,0477%$873,69330%
2015$1,655,11417%$1,759,82130%$673,1758%
2014$1,411,39211%$1,350,87812%$735,3237%
2013$1,267,7459%$1,209,5837%$689,04014%
2012$1,387,1395%$1,306,0307%$604,35115%
2011$1,466,053$1,405,015$708,301

Frequently Asked Questions

What does Area Development Partnership do?

Area Development Partnership is a unclassified nonprofit organization based in Mississippi. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Area Development Partnership financially healthy?

Based on our 9-metric Financial Health Score model, Area Development Partnership has a score of 66/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Area Development Partnership generate?

Area Development Partnership reports $2.5M in annual revenue and holds $2.0M in total assets, based on IRS filings.

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