S — Community Improvement & Capacity BuildingEIN: 800757957· Ruling Year: 2014

Advantix Development Corporation

Evansville, Indiana

AHealth Score
89A

Financial Health Score

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

Excellent

💰
$9.3M
Total Revenue
📊
$4.4M
Total Expenses
🏦
$21.1M
Net Assets
📋
$5.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+79.1%
Year-over-year change (2022 → 2023)
Net Margin
+53.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.85
Net assets divided by total expenses
Liabilities-to-Assets
20.8%
Total liabilities as % of total assets

Filing History

9 filings on record
YearRevenueExpensesAssets
2023$9,303,730↑79%$4,351,297↑28%$26,673,336
2022$5,194,127↓8%$3,393,165↓30%$26,637,427↑51%
2021$5,632,837↑45%$4,841,584↑35%$17,664,853↑5%
2020$3,872,074↓9%$3,588,363↑1%$16,774,869↑22%
2019$4,258,535↓61%$3,540,632↑64%$13,748,727↓2%
2018$10,943,357↑502%$2,160,572↑161%$13,975,773↑312%
2017$1,818,363↓5%$826,364↓13%$3,390,306↑48%
2016$1,915,850↑35%$950,086↑1275%$2,294,535↑60%
2015$1,424,128$69,096$1,436,445

Frequently Asked Questions

What does Advantix Development Corporation do?▼

Advantix Development Corporation is a community improvement & capacity building nonprofit organization based in Indiana. It is classified under NTEE code S20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Advantix Development Corporation financially healthy?▼

Based on our 9-metric Financial Health Score model, Advantix Development Corporation has a score of 89/100 (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 Advantix Development Corporation generate?▼

Advantix Development Corporation reports $5.3M in annual revenue and holds $23.5M in total assets, based on IRS filings.

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