BEducationEIN: 222447399· Ruling Year: 1983

Corning Community College Development Foundation Inc

Corning, New York

BHealth Score
55B

Financial Health Score

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

Above Average

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org3.61×
Peer Median20.77×
💰
$2.3M
Total Revenue
📊
$3.2M
Total Expenses
🏦
$11.4M
Net Assets
📋
$16.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-73.7%
Year-over-year change (2022 → 2023)
Net Margin
-39.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.61
Net assets divided by total expenses
Liabilities-to-Assets
59.0%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$2,274,91974%$3,165,838$27,885,3731%
2022$8,645,207152%$3,176,69611%$28,158,7418%
2021$3,428,06161%$2,870,5678%$30,644,2873%
2020$2,123,23739%$3,105,18110%$29,816,1902%
2019$3,485,32618%$3,453,8155%$30,351,7583%
2018$2,965,3598%$3,283,112$29,364,99411%
2017$2,751,85724%$3,291,81410%$32,901,45631%
2016$3,616,28124%$2,996,0674%$25,075,0082%
2015$2,920,93442%$3,128,88647%$24,543,0509%
2014$5,000,353184%$5,874,170306%$26,883,4016%
2013$1,758,183250%$1,446,106433%$25,428,737103%
2012$501,80736%$271,17845%$12,513,40181%
2012$781,86214%$495,55639%$6,923,98013%
2011$910,665$808,357$6,149,947

Frequently Asked Questions

What does Corning Community College Development Foundation Inc do?

Corning Community College Development Foundation Inc is a education nonprofit organization based in New York. It is classified under NTEE code B124 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Corning Community College Development Foundation Inc financially healthy?

Based on our 9-metric Financial Health Score model, Corning Community College Development Foundation Inc has a score of 55/100 (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 Corning Community College Development Foundation Inc generate?

Corning Community College Development Foundation Inc reports $2.6M in annual revenue and holds $27.2M in total assets, based on IRS filings.

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