S โ€” Community Improvement & Capacity BuildingEIN: 222243540ยท Ruling Year: 1996

Adirondack Economic Development Corp

Saranac Lake, New York

B+Health Score
66B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$950K
Total Revenue
๐Ÿ“Š
$757K
Total Expenses
๐Ÿฆ
$1.3M
Net Assets
๐Ÿ“‹
$2.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-12.0%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+20.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.72
Net assets divided by total expenses
Liabilities-to-Assets
65.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$950,209โ†“12%$757,038โ†‘13%$3,712,856โ†‘25%
2022$1,080,225โ†‘76%$672,424โ†‘28%$2,960,837โ†“10%
2021$614,778โ†‘25%$526,118โ†‘22%$3,274,343โ†‘17%
2020$492,216โ†‘72%$429,727โ†‘29%$2,806,610โ†‘2%
2019$286,622โ†“18%$333,845โ†‘2%$2,754,818โ†“7%
2018$349,227โ†“10%$328,356โ†‘3%$2,961,233โ†“5%
2017$386,817โ†‘5%$318,211โ†“14%$3,110,400โ†‘2%
2016$368,226โ†‘6%$367,968โ†“22%$3,046,109
2015$348,685โ†‘10%$474,198โ†‘20%$3,054,688โ†“5%
2014$316,483โ†“20%$395,352โ†‘13%$3,229,751โ†“5%
2013$393,572โ†“5%$349,052โ†“12%$3,399,197โ†“3%
2012$414,175โ†‘18%$394,567โ†“11%$3,507,664โ†‘9%
2011$352,172$444,645$3,225,285

Frequently Asked Questions

What does Adirondack Economic Development Corp do?โ–ผ

Adirondack Economic Development Corp is a community improvement & capacity building nonprofit organization based in New York. It is classified under NTEE code S30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Adirondack Economic Development Corp financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Adirondack Economic Development Corp.

How much revenue does Adirondack Economic Development Corp generate?โ–ผ

Adirondack Economic Development Corp reports $727K in annual revenue and holds $3.9M in total assets, based on IRS filings.

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Adirondack Economic Development Corp โ€” Saranac Lake, NY | GiveScope