SCommunity Improvement & Capacity BuildingEIN: 042921465· Ruling Year: 2011

Main South Community Development Corporation

Worcester, Massachusetts

BHealth Score
57B

Financial Health Score

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

Above Average

💰
$1.6M
Total Revenue
📊
$1.6M
Total Expenses
🏦
$4.8M
Net Assets
📋
$10.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-48.6%
Year-over-year change (2023 → 2023)
Net Margin
-3.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.95
Net assets divided by total expenses
Liabilities-to-Assets
69.1%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$1,578,50849%$1,625,80352%$15,549,4352%
2023$3,070,61210%$3,396,97216%$15,279,0322%
2022$3,407,14511%$2,936,0224%$15,010,1224%
2021$3,066,02150%$2,821,5898%$14,439,0008%
2020$2,045,49612%$2,603,629$15,712,749
2019$1,827,40325%$2,598,73929%$15,776,58537%
2018$2,435,75145%$2,011,64124%$11,517,42918%
2017$4,389,87438%$2,655,24221%$9,726,35036%
2016$3,175,19735%$3,353,39037%$15,240,70721%
2015$2,356,70362%$2,442,43266%$12,639,685
2014$6,248,848167%$7,135,998163%$12,651,30321%
2013$2,343,11836%$2,710,82031%$15,943,68320%
2012$3,685,053149%$3,941,388101%$20,046,39837%
2011$1,478,315$1,960,617$14,653,693

Frequently Asked Questions

What does Main South Community Development Corporation do?

Main South Community Development Corporation is a community improvement & capacity building nonprofit organization based in Massachusetts. It is classified under NTEE code S30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Main South Community Development Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Main South Community Development Corporation has a score of 57/100 (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 Main South Community Development Corporation generate?

Main South Community Development Corporation reports $5.1M in annual revenue and holds $18.0M in total assets, based on IRS filings.

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