Montgomery County Economic Development Corporation
Rockville, Maryland
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
8 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $7,205,268↓9% | $6,944,623↓22% | $4,619,671↑63% | |
| 2022 | $7,933,113↓64% | $8,894,394↓60% | $2,827,028↓61% | — |
| 2021 | $21,976,364↑208% | $22,480,206↑268% | $7,174,281↑74% | — |
| 2020 | $7,128,842↑40% | $6,108,581↑36% | $4,129,581↑28% | — |
| 2019 | $5,109,698↑2% | $4,485,147↓14% | $3,221,806↑24% | — |
| 2018 | $5,030,563↑12% | $5,237,642↑72% | $2,590,515↓11% | — |
| 2017 | $4,478,475↑796% | $3,050,693↑1182% | $2,919,164↑883% | — |
| 2016 | $500,000 | $237,972 | $296,985 | — |
Frequently Asked Questions
What does Montgomery County Economic Development Corporation do?▼
Montgomery County Economic Development Corporation is a community improvement & capacity building nonprofit organization based in Maryland. It is classified under NTEE code S30 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Montgomery County Economic Development Corporation financially healthy?▼
Based on our 9-metric Financial Health Score model, Montgomery County Economic Development Corporation has a score of 52/100 (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 Montgomery County Economic Development Corporation generate?▼
Montgomery County Economic Development Corporation reports $6.2M in annual revenue and holds $4.7M in total assets, based on IRS filings.
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