EHealth CareEIN: 010511356

Nordx

Scarborough, Maine

B+Health Score
69B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 1225 peers in Health Care with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.23×
Peer Median0.50×
💰
$107.3M
Total Revenue
📊
$98.8M
Total Expenses
🏦
$121.3M
Net Assets
📋
$13.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-19.6%
Year-over-year change (2022 → 2023)
Net Margin
+7.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.23
Net assets divided by total expenses
Liabilities-to-Assets
9.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$107,306,49520%$98,841,806$134,575,6455%
2022$133,548,7596%$99,164,5085%$127,939,34521%
2021$141,484,99762%$94,743,29825%$105,764,07870%
2020$87,579,1079%$75,611,7093%$62,155,07923%
2019$80,008,4523%$73,509,9454%$50,495,66910%
2018$77,695,6076%$70,890,6295%$45,734,9438%
2017$73,063,8902%$67,652,5762%$42,171,68215%
2016$71,952,8858%$66,229,7407%$36,723,82511%
2015$66,615,8326%$61,809,9055%$33,231,8947%
2014$63,099,2791%$58,813,5941%$30,941,92118%
2013$62,461,77714%$59,207,63013%$26,118,98011%
2012$54,910,3051%$52,200,8272%$23,593,68210%
2011$55,604,363$53,189,948$21,388,444

Frequently Asked Questions

What does Nordx do?

Nordx is a health care nonprofit organization based in Maine. It is classified under NTEE code E99 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Nordx financially healthy?

Based on our 9-metric Financial Health Score model, Nordx has a score of 69/100 (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 Nordx generate?

Nordx reports $106.8M in annual revenue and holds $46.7M in total assets, based on IRS filings.

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