LHousing & ShelterEIN: 030315075· Ruling Year: 1989

Evernorth Loan Fund Inc

Portland, Maine

BHealth Score
63B

Financial Health Score

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

Above Average

💰
$1.2M
Total Revenue
📊
$577K
Total Expenses
🏦
$14.7M
Net Assets
📋
$2.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-21.2%
Year-over-year change (2022 → 2023)
Net Margin
+51.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
25.51
Net assets divided by total expenses
Liabilities-to-Assets
14.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,191,77421%$577,39222%$17,211,5701%
2022$1,512,40922%$740,47726%$16,980,60111%
2021$1,936,13555%$1,006,71280%$15,343,5314%
2020$4,290,24935%$4,964,75116%$14,824,02413%
2019$6,602,75923%$5,932,43325%$13,169,3946%
2018$5,348,3782%$4,739,3331%$12,477,6305%
2017$5,230,23228%$4,775,4903%$11,861,6126%
2016$7,269,32650%$4,918,24630%$11,193,87827%
2015$4,848,2018%$3,769,02524%$8,784,97715%
2014$5,294,57529%$4,931,89537%$7,653,62411%
2013$4,095,61831%$3,590,98035%$8,554,8645%
2012$5,895,26946%$5,484,06850%$8,980,5266%
2011$4,030,561$3,659,149$9,528,518

Frequently Asked Questions

What does Evernorth Loan Fund Inc do?

Evernorth Loan Fund Inc is a housing & shelter nonprofit organization based in Maine. It is classified under NTEE code L20Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Evernorth Loan Fund Inc financially healthy?

Based on our 9-metric Financial Health Score model, Evernorth Loan Fund Inc has a score of 63/100 (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 Evernorth Loan Fund Inc generate?

Evernorth Loan Fund Inc reports $9.7M in annual revenue and holds $28.1M in total assets, based on IRS filings.

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