Southeast Kentucky Economic Development Corporation Inc
Somerset, Kentucky
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $2,561,251↑7% | $2,247,390↑13% | $30,344,227↑6% | — |
| 2023 | $2,403,223↓36% | $1,994,387↓16% | $28,639,191↑2% | — |
| 2022 | $3,726,346↑2% | $2,381,766↑4% | $28,123,081↑9% | — |
| 2021 | $3,649,042↑31% | $2,282,118↓11% | $25,814,472↑7% | — |
| 2020 | $2,793,965↑69% | $2,563,888↑49% | $24,214,233↑4% | — |
| 2019 | $1,655,461↓8% | $1,717,896 | $23,300,793↓3% | — |
| 2018 | $1,794,249↓14% | $1,715,116↓8% | $23,989,118↓2% | — |
| 2017 | $2,077,750↑10% | $1,861,198↑12% | $24,402,501 | — |
| 2016 | $1,893,047↑79% | $1,655,593↑1% | $24,485,200↓1% | — |
| 2015 | $1,060,200↓9% | $1,642,852↑4% | $24,619,937↓4% | — |
| 2014 | $1,166,397↓41% | $1,581,456↓4% | $25,598,046↓2% | — |
| 2013 | $1,986,823↑1% | $1,639,033↑5% | $26,186,740↑1% | — |
| 2012 | $1,967,528 | $1,565,856 | $25,912,052 | — |
Frequently Asked Questions
What does Southeast Kentucky Economic Development Corporation Inc do?▼
Southeast Kentucky Economic Development Corporation Inc is a community improvement & capacity building nonprofit organization based in Kentucky. It is classified under NTEE code S32Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Southeast Kentucky Economic Development Corporation Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Southeast Kentucky Economic Development Corporation Inc has a score of 76/100 (Grade: A-). 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 Southeast Kentucky Economic Development Corporation Inc generate?▼
Southeast Kentucky Economic Development Corporation Inc reports $3.4M in annual revenue and holds $32.6M in total assets, based on IRS filings.
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