Citec Inc
Potsdam, New York
B+Health Score
72B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
This Org1.55×
Peer Median20.77×
💰
$1.0M
Total Revenue
📊
$937K
Total Expenses
🏦
$1.5M
Net Assets
📋
$54K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+5.6%
Year-over-year change (2022 → 2023)
Net Margin
+7.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.55
Net assets divided by total expenses
Liabilities-to-Assets
3.6%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,011,613↑6% | $937,031↑9% | $1,504,680↑5% | |
| 2022 | $957,572↓11% | $857,187 | $1,432,595↑11% | — |
| 2021 | $1,072,988↑9% | $854,690↓12% | $1,292,929↑7% | — |
| 2020 | $987,592↓9% | $968,827↓2% | $1,209,768↑15% | — |
| 2019 | $1,091,195↑13% | $983,817↓2% | $1,048,234↑10% | — |
| 2018 | $964,130↓11% | $1,006,623↑2% | $954,763↓6% | — |
| 2017 | $1,083,333↑1% | $982,640↑1% | $1,015,435↑11% | — |
| 2016 | $1,068,503↓5% | $974,150↓19% | $912,686↑16% | — |
| 2015 | $1,129,481↓15% | $1,204,798↓5% | $787,279↓12% | — |
| 2014 | $1,321,308↑16% | $1,272,703↑12% | $896,881↓7% | — |
| 2013 | $1,136,828↓16% | $1,140,217↓11% | $969,552↑5% | — |
| 2012 | $1,345,488↑23% | $1,286,868↑5% | $926,309↑17% | — |
| 2011 | $1,090,170 | $1,222,900 | $793,900 | — |
Frequently Asked Questions
What does Citec Inc do?▼
Citec Inc is a education nonprofit organization based in New York. It is classified under NTEE code B99Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Citec Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Citec Inc.
How much revenue does Citec Inc generate?▼
Citec Inc reports $1.1M in annual revenue and holds $1.6M in total assets, based on IRS filings.