Freeport Economic Development Corp
Freeport, Maine
B+Health Score
69B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
๐ฐ
$142K
Total Revenue
๐
$113K
Total Expenses
๐ฆ
$107K
Net Assets
๐
$3K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+17.7%
Year-over-year change (2022 โ 2023)
Net Margin
+20.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.95
Net assets divided by total expenses
Liabilities-to-Assets
3.0%
Total liabilities as % of total assets
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $142,212โ18% | $113,444โ38% | $110,829โ41% | |
| 2022 | $120,837โ5% | $82,194โ28% | $78,730โ96% | โ |
| 2021 | $115,009โ15% | $114,624โ11% | $40,087โ1% | โ |
| 2020 | $100,024 | $129,427โ28% | $39,702โ43% | โ |
| 2019 | $100,022โ5% | $101,252โ5% | $69,105โ2% | โ |
| 2018 | $95,024 | $96,746โ1% | $70,335โ2% | โ |
| 2017 | $95,026 | $95,778โ1% | $72,057โ1% | โ |
| 2016 | $95,015โ6% | $94,388โ6% | $72,809โ3% | โ |
| 2015 | $101,502โ3% | $88,961โ4% | $74,793โ20% | โ |
| 2014 | $98,502โ34% | $85,804โ42% | $62,252โ26% | โ |
| 2013 | $149,214โ2486800% | $148,406โ254% | $49,554โ2% | โ |
| 2012 | $6 | $41,951 | $48,746 | โ |
Frequently Asked Questions
What does Freeport Economic Development Corp do?โผ
Freeport Economic Development Corp is a community improvement & capacity building nonprofit organization based in Maine. It is classified under NTEE code S41 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Freeport Economic Development Corp financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Freeport Economic Development Corp.
How much revenue does Freeport Economic Development Corp generate?โผ
Freeport Economic Development Corp reports $60K in annual revenue and holds $109K in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Community Improvement & Capacity Building category, or browse all nonprofits in Maine.