ZUnclassifiedEIN: 611125577· Ruling Year: 1988

Tri County Economic Development Corporation

Covington, Kentucky

BHealth Score
64B

Financial Health Score

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

Above Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org2.14×
Peer Median15.40×
💰
$4.0M
Total Revenue
📊
$2.4M
Total Expenses
🏦
$5.1M
Net Assets
📋
$17.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+25.7%
Year-over-year change (2022 → 2023)
Net Margin
+40.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.14
Net assets divided by total expenses
Liabilities-to-Assets
77.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,967,04826%$2,368,1891%$22,520,353547%
2022$3,157,156124%$2,381,99917%$3,479,0369%
2021$1,412,05435%$2,028,75314%$3,178,9316%
2020$2,157,92940%$2,361,43325%$3,382,80713%
2019$3,570,20048%$3,167,48834%$3,891,35925%
2018$2,411,9456%$2,368,321$3,116,7651%
2017$2,282,07510%$2,366,79924%$3,089,3113%
2016$2,066,8434%$1,908,5572%$3,170,0136%
2015$2,155,8651%$1,864,708$2,997,48211%
2014$2,126,3614%$1,867,03113%$2,705,8979%
2013$2,044,5904%$2,135,7104%$2,474,6023%
2012$2,140,8834%$2,046,4082%$2,543,91916%
2011$2,051,022$2,002,709$3,044,274

Frequently Asked Questions

What does Tri County Economic Development Corporation do?

Tri County Economic Development Corporation is a unclassified nonprofit organization based in Kentucky. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Tri County Economic Development Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Tri County Economic Development Corporation has a score of 64/100 (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 Tri County Economic Development Corporation generate?

Tri County Economic Development Corporation reports $3.9M in annual revenue and holds $19.4M in total assets, based on IRS filings.

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