Network Inc
Andover, Connecticut
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Below Average
How This Organization Compares
Compared to 8 peers in Community Improvement & Capacity Building with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $23,435,282↑4% | $23,578,969↑5% | $14,733,548↑37% | |
| 2022 | $22,494,653↓4% | $22,560,944↓3% | $10,784,123↓3% | — |
| 2021 | $23,443,256↑1% | $23,347,064↑1% | $11,161,726↑3% | — |
| 2020 | $23,114,415↑75% | $23,105,390↑74% | $10,863,750↑106% | — |
| 2019 | $13,188,730↑2% | $13,270,083↑2% | $5,274,680 | — |
| 2018 | $12,935,302↑2% | $13,045,891↑2% | $5,250,961↑11% | — |
| 2017 | $12,714,522↑1% | $12,785,471↑1% | $4,744,563↓8% | — |
| 2016 | $12,576,659↑6% | $12,652,768↑6% | $5,132,979↓4% | — |
| 2015 | $11,817,527↑9% | $11,933,816↑10% | $5,366,334↑1% | — |
| 2014 | $10,805,181↑1% | $10,893,517↑2% | $5,313,115↑3% | — |
| 2013 | $10,694,745↑3% | $10,707,778↑2% | $5,134,303↓1% | — |
| 2012 | $10,425,868↓9% | $10,476,649 | $5,178,111↑3% | — |
| 2011 | $11,481,458 | $10,439,790 | $5,048,815 | — |
Frequently Asked Questions
What does Network Inc do?▼
Network Inc is a community improvement & capacity building nonprofit organization based in Connecticut. It is classified under NTEE code S41I and is registered as a 501(c) tax-exempt organization with the IRS.
Is Network Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Network Inc has a score of 38/100 (Grade: C). 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 Network Inc generate?▼
Network Inc reports $26.1M in annual revenue and holds $20.0M in total assets, based on IRS filings.
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