P โ€” Human ServicesEIN: 060916608ยท Ruling Year: 1976

Eastern Connecticut Area Agency On Aging Inc

Norwich, Connecticut

B-Health Score
51B-

Financial Health Score

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

Average

๐Ÿ’ฐ
$6.6M
Total Revenue
๐Ÿ“Š
$6.7M
Total Expenses
๐Ÿฆ
$133K
Net Assets
๐Ÿ“‹
$2.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-0.4%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-1.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.02
Net assets divided by total expenses
Liabilities-to-Assets
94.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,649,575$6,742,647โ†‘2%$2,530,567โ†‘66%
2022$6,677,322โ†‘20%$6,627,243โ†‘21%$1,526,516โ†‘30%
2021$5,546,184โ†“8%$5,485,785โ†“9%$1,176,289
2020$6,048,126โ†‘18%$6,020,925โ†‘19%$1,175,706โ†‘27%
2019$5,127,203โ†‘9%$5,078,907โ†‘8%$923,647โ†‘4%
2018$4,721,260โ†‘2%$4,702,700โ†‘3%$885,621โ†‘2%
2017$4,607,623โ†“8%$4,582,316โ†“8%$867,422โ†“4%
2016$4,990,428โ†“5%$4,974,841โ†“4%$905,593โ†‘34%
2015$5,257,244โ†‘7%$5,189,646โ†‘6%$677,412โ†‘3%
2014$4,918,279โ†‘2%$4,885,480$656,585โ†‘3%
2013$4,837,087โ†“1%$4,862,583โ†“3%$637,682โ†“30%
2012$4,905,296โ†“4%$4,998,858โ†“2%$916,686โ†‘2%
2011$5,097,305$5,108,905$899,114

Frequently Asked Questions

What does Eastern Connecticut Area Agency On Aging Inc do?โ–ผ

Eastern Connecticut Area Agency On Aging Inc is a human services nonprofit organization based in Connecticut. It is classified under NTEE code P810 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Eastern Connecticut Area Agency On Aging Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Eastern Connecticut Area Agency On Aging Inc has a score of 51/100 (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 Eastern Connecticut Area Agency On Aging Inc generate?โ–ผ

Eastern Connecticut Area Agency On Aging Inc reports $6.9M in annual revenue and holds $2.3M in total assets, based on IRS filings.

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Eastern Connecticut Area Agency On Aging Inc โ€” Norwich, CT | GiveScope