S โ€” Community Improvement & Capacity BuildingEIN: 871778078ยท Ruling Year: 2021

New Bedford Ocean Cluster Inc

New Bedford, Massachusetts

BHealth Score
55B

Financial Health Score

Provisional

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

Above Average

๐Ÿ’ฐ
$793K
Total Revenue
๐Ÿ“Š
$461K
Total Expenses
๐Ÿฆ
$401K
Net Assets
๐Ÿ“‹
$45K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+56.4%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+41.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.87
Net assets divided by total expenses
Liabilities-to-Assets
10.1%
Total liabilities as % of total assets

Filing History

2 filings on record
YearRevenueExpensesAssets
2023$792,993โ†‘56%$461,284โ†‘5%$445,920โ†‘32%
2022$507,137$437,743$337,599

Frequently Asked Questions

What does New Bedford Ocean Cluster Inc do?โ–ผ

New Bedford Ocean Cluster Inc is a community improvement & capacity building nonprofit organization based in Massachusetts. It is classified under NTEE code S01 and is registered as a 501(c) tax-exempt organization with the IRS.

Is New Bedford Ocean Cluster Inc financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for New Bedford Ocean Cluster Inc.

How much revenue does New Bedford Ocean Cluster Inc generate?โ–ผ

New Bedford Ocean Cluster Inc reports $554K in annual revenue and holds $148K in total assets, based on IRS filings.

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New Bedford Ocean Cluster Inc โ€” New Bedford, MA | GiveScope