Z — UnclassifiedEIN: 060842189

Edadvance

Litchfield, Connecticut

A-Health Score
76A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.39×
Peer Median5.86×
💰
$42.9M
Total Revenue
📊
$38.5M
Total Expenses
🏦
$15.0M
Net Assets
📋
$10.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+16.1%
Year-over-year change (2022 → 2023)
Net Margin
+10.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.39
Net assets divided by total expenses
Liabilities-to-Assets
40.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$42,915,785↑16%$38,511,914↑8%$25,262,693↑20%
2022$36,978,114↑10%$35,784,031↑12%$21,022,588↑3%
2021$33,747,660↑9%$32,026,152↑2%$20,506,260↑40%
2020$30,875,633↑7%$31,361,133↑4%$14,697,705↑15%
2019$28,956,356↑12%$30,035,626↑12%$12,782,760↓9%
2018$25,890,668↑2%$26,913,643↑4%$14,089,884↓5%
2017$25,474,314↓2%$25,910,954↑5%$14,889,607↓4%
2016$25,892,784$24,669,631↓2%$15,535,959↑6%
2015$26,013,733↑8%$25,155,790↑8%$14,719,118↑12%
2014$24,057,355↑6%$23,330,703↑5%$13,190,497↑12%
2013$22,660,410↑2%$22,136,512↑2%$11,744,991↑1%
2012$22,175,584↑2%$21,759,913↑3%$11,577,139↑5%
2011$21,815,054$21,204,168$10,974,110

Frequently Asked Questions

What does Edadvance do?▼

Edadvance is a unclassified nonprofit organization based in Connecticut. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Edadvance financially healthy?▼

Based on our 9-metric Financial Health Score model, Edadvance has a score of 76/100 (Grade: A-). 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 Edadvance generate?▼

Edadvance reports $46.8M in annual revenue and holds $28.9M in total assets, based on IRS filings.

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