S โ€” Community Improvement & Capacity BuildingEIN: 061380472ยท Ruling Year: 1994

Community Economic Development Fund Foundation Inc

Meriden, Connecticut

A-Health Score
78A-

Financial Health Score

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

Very Good

๐Ÿ’ฐ
$2.4M
Total Revenue
๐Ÿ“Š
$2.2M
Total Expenses
๐Ÿฆ
$14.2M
Net Assets
๐Ÿ“‹
$6.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+9.7%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+7.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
6.33
Net assets divided by total expenses
Liabilities-to-Assets
31.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,433,942โ†‘10%$2,249,503โ†‘11%$20,904,533โ†‘2%
2022$2,219,165$2,035,384โ†‘2%$20,499,835โ†“2%
2021$2,229,141โ†‘29%$2,001,342โ†‘16%$21,016,441โ†‘5%
2020$1,722,719โ†“8%$1,722,625โ†“3%$19,959,783
2019$1,868,404โ†‘9%$1,778,267โ†‘2%$19,913,291โ†‘3%
2018$1,711,220โ†“2%$1,747,395โ†‘11%$19,424,088โ†“5%
2017$1,742,882โ†‘34%$1,570,910โ†‘39%$20,508,702
2016$1,301,302โ†‘7%$1,132,297โ†“4%$20,469,439
2015$1,217,697โ†“37%$1,183,568โ†“17%$20,390,166โ†“2%
2014$1,930,107โ†‘33%$1,424,869โ†‘1%$20,835,462
2013$1,453,402โ†“34%$1,407,838โ†“10%$20,832,064โ†‘5%
2012$2,208,290โ†‘17%$1,557,174โ†“6%$19,896,971โ†“5%
2011$1,882,428$1,650,511$20,956,748

Frequently Asked Questions

What does Community Economic Development Fund Foundation Inc do?โ–ผ

Community Economic Development Fund Foundation Inc is a community improvement & capacity building nonprofit organization based in Connecticut. It is classified under NTEE code S30Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Community Economic Development Fund Foundation Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Community Economic Development Fund Foundation Inc has a score of 78/100 (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 Community Economic Development Fund Foundation Inc generate?โ–ผ

Community Economic Development Fund Foundation Inc reports $2.3M in annual revenue and holds $22.1M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Community Improvement & Capacity Building category, or browse all nonprofits in Connecticut.

Community Economic Development Fund Foundation Inc โ€” Meriden, CT | GiveScope