W — Public & Societal BenefitEIN: 743027286· Ruling Year: 2006

Has Development Corporation

Houston, Texas

B+Health Score
69B+

Financial Health Score

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

Good

💰
$6.6M
Total Revenue
📊
$2.9M
Total Expenses
🏦
$23.4M
Net Assets
📋
$101K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+79.2%
Year-over-year change (2022 → 2023)
Net Margin
+55.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
7.94
Net assets divided by total expenses
Liabilities-to-Assets
0.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,600,717↑79%$2,946,772↓21%$23,489,645↑18%
2022$3,684,253↑124%$3,728,108↑106%$19,888,772↓1%
2021$1,642,583↑41%$1,813,317↑9%$20,118,032↓9%
2020$1,162,771↓94%$1,668,145↑24%$22,117,336
2019$18,992,927↑1318%$1,346,876↑69%$22,134,274↑518%
2018$1,339,360↓20%$798,577↑14%$3,583,071↑18%
2017$1,663,869↓52%$701,406↓80%$3,045,076↑26%
2016$3,453,375↑187%$3,512,497↑98%$2,408,370↓9%
2015$1,201,822↑5%$1,778,444↑34%$2,661,162↑10%
2014$1,141,160↓28%$1,327,514↑5%$2,427,331↑4%
2013$1,595,667↓7%$1,268,748↓18%$2,324,612↑17%
2012$1,706,750↑3%$1,551,957↑48%$1,985,750↑8%
2011$1,651,928$1,051,756$1,834,237

Frequently Asked Questions

What does Has Development Corporation do?▼

Has Development Corporation is a public & societal benefit nonprofit organization based in Texas. It is classified under NTEE code W40 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Has Development Corporation financially healthy?▼

Based on our 9-metric Financial Health Score model, Has Development Corporation has a score of 69/100 (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 Has Development Corporation generate?▼

Has Development Corporation reports $4.8M in annual revenue and holds $25.7M in total assets, based on IRS filings.

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