Lorain Revitalization Association
Lorain, Ohio
B+Health Score
66B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$113K
Total Revenue
📊
$103K
Total Expenses
🏦
$108K
Net Assets
📋
$6K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-24.5%
Year-over-year change (2022 → 2023)
Net Margin
+8.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.05
Net assets divided by total expenses
Liabilities-to-Assets
5.0%
Total liabilities as % of total assets
Filing History
4 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $113,157↓25% | $103,293↑5% | $114,037↑5% | — |
| 2022 | $149,952↑69% | $98,066↑53% | $108,537↑116% | — |
| 2021 | $88,513↑116% | $64,112↑243% | $50,355↑127% | — |
| 2020 | $40,897 | $18,688 | $22,209 | — |
Frequently Asked Questions
What does Lorain Revitalization Association do?▼
Lorain Revitalization Association is a community improvement & capacity building nonprofit organization based in Ohio. It is classified under NTEE code S41 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lorain Revitalization Association financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Lorain Revitalization Association.
How much revenue does Lorain Revitalization Association generate?▼
Lorain Revitalization Association reports $167K in annual revenue and holds $145K in total assets, based on IRS filings.
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