Soundexchange INC

Washington, District of Columbia

B+Health Score
71B+

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 8 peers in Community Improvement & Capacity Building with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.90×
Peer Median2.76×
💰
$99.2M
Total Revenue
📊
$81.4M
Total Expenses
🏦
$73.2M
Net Assets
📋
$745.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+24.0%
Year-over-year change (2022 → 2023)
Net Margin
+18.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.90
Net assets divided by total expenses
Liabilities-to-Assets
91.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$99,235,665↑24%$81,387,347↑6%$818,772,709↑7%
2022$80,022,837↑16%$76,735,490↑14%$762,717,143↑3%
2021$68,696,516↑11%$67,251,701↑9%$739,346,856↑2%
2020$62,047,984↓7%$61,935,976↓1%$722,546,752↑4%
2019$66,777,189↓2%$62,378,660↑8%$696,901,194↑3%
2018$68,273,280↑7%$57,785,089$679,657,161↑20%
2017$63,607,709↑13%$57,738,723↑8%$566,013,803↑7%
2016$56,442,753↑18%$53,636,360↑16%$528,492,746↑10%
2015$47,876,057↑13%$46,125,561↑9%$479,947,302↑11%
2014$42,457,320↑22%$42,210,138↑23%$431,620,766↓2%
2013$34,799,129↑36%$34,451,660↑34%$438,678,370↑11%
2012$25,681,137↑22%$25,669,401↑22%$394,954,142↑7%
2011$20,984,008$21,035,202$369,449,828

Frequently Asked Questions

What does Soundexchange INC do?▼

Soundexchange INC is a community improvement & capacity building nonprofit organization based in District of Columbia. It is classified under NTEE code S40 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Soundexchange INC financially healthy?▼

Based on our 9-metric Financial Health Score model, Soundexchange INC has a score of 71/100 (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 Soundexchange INC generate?▼

Soundexchange INC reports $95.2M in annual revenue and holds $778.1M in total assets, based on IRS filings.