S โ€” Community Improvement & Capacity BuildingEIN: 813467145ยท Ruling Year: 2016

Northeast Community Innovation Corp

Norwalk, Connecticut

BHealth Score
61B

Financial Health Score

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

Above Average

๐Ÿ’ฐ
$2.6M
Total Revenue
๐Ÿ“Š
$1.1M
Total Expenses
๐Ÿฆ
$8.5M
Net Assets
๐Ÿ“‹
$16.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-18.4%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+55.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
7.48
Net assets divided by total expenses
Liabilities-to-Assets
65.8%
Total liabilities as % of total assets

Filing History

3 filings on record
YearRevenueExpensesAssets
2023$2,573,962โ†“18%$1,140,237โ†“32%$24,949,698โ†“5%
2022$3,153,414โ†‘46%$1,677,544โ†“14%$26,187,217โ†“12%
2021$2,164,843$1,954,007$29,637,374

Frequently Asked Questions

What does Northeast Community Innovation Corp do?โ–ผ

Northeast Community Innovation Corp is a community improvement & capacity building nonprofit organization based in Connecticut. It is classified under NTEE code S31 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Northeast Community Innovation Corp financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Northeast Community Innovation Corp has a score of 61/100 (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 Northeast Community Innovation Corp generate?โ–ผ

Northeast Community Innovation Corp reports $4.3M in annual revenue and holds $20.4M in total assets, based on IRS filings.

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Northeast Community Innovation Corp โ€” Norwalk, CT | GiveScope