Independence Industries
Mount Vernon, Ohio
B-Health Score
48B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$592K
Total Revenue
📊
$554K
Total Expenses
🏦
-$740K
Net Assets
📋
$1.4M
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+4.2%
Year-over-year change (2022 → 2023)
Net Margin
+6.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
-1.33
Net assets divided by total expenses
Liabilities-to-Assets
220.0%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $591,976↑4% | $554,281↓6% | $616,335↑2% | — |
| 2022 | $567,923 | $589,956↑8% | $606,167↓8% | — |
| 2021 | $570,206↑2% | $546,284↓9% | $657,048↑2% | — |
| 2020 | $558,636↓1% | $597,405↑5% | $646,423 | — |
| 2019 | $561,807↑3% | $571,578↓4% | $645,408↓7% | — |
| 2018 | $543,112↑2% | $594,568 | $694,173↓9% | — |
| 2017 | $534,257↑2% | $595,532↑7% | $766,036↓9% | — |
| 2016 | $525,091↑1% | $555,991↓1% | $843,097↓6% | — |
| 2015 | $518,224↑1% | $559,387 | $899,536↓6% | — |
| 2014 | $510,640↑1% | $561,442↑5% | $958,674↓6% | — |
| 2013 | $505,220↑3% | $535,944↓5% | $1,023,004↓4% | — |
| 2012 | $489,504↑4% | $564,813↑20% | $1,068,332↓7% | — |
| 2011 | $470,499 | $471,889 | $1,151,984 | — |
Frequently Asked Questions
What does Independence Industries do?▼
Independence Industries is a housing & shelter nonprofit organization based in Ohio. It is classified under NTEE code L20Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Independence Industries financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Independence Industries.
How much revenue does Independence Industries generate?▼
Independence Industries reports $622K in annual revenue and holds $635K in total assets, based on IRS filings.
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