LHousing & ShelterEIN: 341080125· Ruling Year: 1971

Neighborhood Development Corporation Of Akron

Akron, Ohio

B-Health Score
48B-

Financial Health Score

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

Average

💰
$4.5M
Total Revenue
📊
$4.5M
Total Expenses
🏦
$2.2M
Net Assets
📋
$18.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+23.2%
Year-over-year change (2022 → 2023)
Net Margin
+0.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.48
Net assets divided by total expenses
Liabilities-to-Assets
89.5%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$4,547,14823%$4,532,52014%$20,584,17029%
2022$3,690,93044%$3,979,5051%$15,968,3954%
2021$6,553,839114%$3,931,9274%$16,618,22417%
2020$3,057,09343%$3,791,433125%$14,214,929126%
2019$2,140,008128%$1,681,70071%$6,298,83321%
2018$937,720109%$983,603121%$5,192,2012%
2017$448,73865%$444,57859%$5,076,02429%
2017$1,287,563141%$1,089,133180%$7,119,61519%
2016$533,5783%$389,67122%$5,972,1031%
2015$516,71340%$502,5293%$5,889,3062%
2014$856,77012%$519,49757%$6,012,5136%
2013$763,7876%$330,14929%$5,673,80510%
2012$815,190245%$462,304124%$5,141,39413%
2011$236,207$206,629$4,541,680

Frequently Asked Questions

What does Neighborhood Development Corporation Of Akron do?

Neighborhood Development Corporation Of Akron 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 Neighborhood Development Corporation Of Akron financially healthy?

Based on our 9-metric Financial Health Score model, Neighborhood Development Corporation Of Akron has a score of 48/100 (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 Neighborhood Development Corporation Of Akron generate?

Neighborhood Development Corporation Of Akron reports $6.8M in annual revenue and holds $36.5M in total assets, based on IRS filings.

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