S โ€” Community Improvement & Capacity BuildingEIN: 832549004ยท Ruling Year: 2022

Carmel Midtown Community Development Corporation

Carmel, Indiana

BHealth Score
56B

Financial Health Score

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

Above Average

๐Ÿ’ฐ
$481K
Total Revenue
๐Ÿ“Š
$540K
Total Expenses
๐Ÿฆ
$15.2M
Net Assets
๐Ÿ“‹
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+45.5%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-12.2%
Revenue minus expenses as % of revenue

Filing History

3 filings on record
YearRevenueExpensesAssets
2023$481,399โ†‘46%$539,981โ†‘120%$15,195,627
2022$330,764โ†“98%$245,000โ†“94%$15,254,209โ†‘1%
2021$18,762,149$4,150,672$15,168,445

Frequently Asked Questions

What does Carmel Midtown Community Development Corporation do?โ–ผ

Carmel Midtown Community 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 Carmel Midtown Community Development Corporation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Carmel Midtown Community Development Corporation has a score of 56/100 (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 Carmel Midtown Community Development Corporation generate?โ–ผ

Carmel Midtown Community Development Corporation reports -$150K in annual revenue and holds $15.0M in total assets, based on IRS filings.

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Carmel Midtown Community Development Corporation โ€” Carmel, IN | GiveScope