Covington County Economic Development Commission
Andalusia, Alabama
B-Health Score
48B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$475K
Total Revenue
📊
$552K
Total Expenses
🏦
$471K
Net Assets
📋
$240K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-12.0%
Year-over-year change (2022 → 2023)
Net Margin
-16.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.85
Net assets divided by total expenses
Liabilities-to-Assets
33.7%
Total liabilities as % of total assets
Filing History
11 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $475,240↓12% | $552,457↓10% | $710,301↓31% | |
| 2022 | $539,970↓16% | $610,520↑30% | $1,025,199↓12% | — |
| 2021 | $644,791↑15% | $470,342↑4% | $1,167,838↑3% | — |
| 2020 | $561,112↓12% | $451,204↓20% | $1,131,267↑4% | — |
| 2019 | $634,156↑36% | $566,562↑10% | $1,085,180↓8% | — |
| 2018 | $465,793↑67% | $512,757↑24% | $1,177,231↑1% | — |
| 2017 | $279,112↑18% | $414,190↑72% | $1,161,654↓2% | — |
| 2016 | $235,682↑18% | $240,158↑5% | $1,185,773↑13% | — |
| 2015 | $200,487↓22% | $228,673↓9% | $1,049,422↑5% | — |
| 2014 | $255,563↑1% | $250,357↑11% | $1,002,972↑5% | — |
| 2013 | $254,087 | $226,335 | $951,201 | — |
Frequently Asked Questions
What does Covington County Economic Development Commission do?▼
Covington County Economic Development Commission is a unclassified nonprofit organization based in Alabama. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Covington County Economic Development Commission financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Covington County Economic Development Commission.
How much revenue does Covington County Economic Development Commission generate?▼
Covington County Economic Development Commission reports $498K in annual revenue and holds $574K in total assets, based on IRS filings.
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