L โ€” Housing & ShelterEIN: 320631590ยท Ruling Year: 2023

Sound Communities Inc

Norwalk, Connecticut

B-Health Score
47B-

Financial Health Score

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

Average

๐Ÿ’ฐ
$5.5M
Total Revenue
๐Ÿ“Š
$1.3M
Total Expenses
๐Ÿฆ
$4.0M
Net Assets
๐Ÿ“‹
$1.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+62264.6%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+75.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.01
Net assets divided by total expenses
Liabilities-to-Assets
28.2%
Total liabilities as % of total assets

Filing History

3 filings on record
YearRevenueExpensesAssets
2023$5,455,656โ†‘62265%$1,322,692โ†‘750%$5,541,340โ†‘61725%
2022$8,748$155,613โ†‘2499%$8,963
2021$0$5,987$0

Frequently Asked Questions

What does Sound Communities Inc do?โ–ผ

Sound Communities Inc is a housing & shelter nonprofit organization based in Connecticut. It is classified under NTEE code L21 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Sound Communities Inc financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Sound Communities Inc.

How much revenue does Sound Communities Inc generate?โ–ผ

Sound Communities Inc reports $420K in annual revenue and holds $4.5M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Housing & Shelter category, or browse all nonprofits in Connecticut.

Sound Communities Inc โ€” Norwalk, CT | GiveScope