ZUnclassifiedEIN: 341136543· Ruling Year: 1974

Lorain County Office On Aging Inc

Elyria, Ohio

A-Health Score
79A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.62×
Peer Median15.40×
💰
$1.4M
Total Revenue
📊
$1.3M
Total Expenses
🏦
$811K
Net Assets
📋
$355K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+15.6%
Year-over-year change (2022 → 2023)
Net Margin
+8.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.62
Net assets divided by total expenses
Liabilities-to-Assets
30.4%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$1,422,39516%$1,307,19313%$1,165,19026%
2022$1,229,95714%$1,155,18726%$921,98440%
2021$1,076,0065%$920,3787%$658,65358%
2019$1,023,3961%$990,5371%$417,36912%
2018$1,015,23418%$1,001,0756%$372,4709%
2017$857,1146%$946,0111%$342,22019%
2016$907,7726%$953,5211%$421,58210%
2015$969,487$947,8323%$469,5907%
2014$971,2866%$922,224$439,8996%
2013$915,06811%$922,76210%$414,8836%
2012$822,0749%$840,5758%$392,2346%
2011$906,038$913,539$417,547

Frequently Asked Questions

What does Lorain County Office On Aging Inc do?

Lorain County Office On Aging Inc is a unclassified nonprofit organization based in Ohio. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lorain County Office On Aging Inc financially healthy?

Based on our 9-metric Financial Health Score model, Lorain County Office On Aging Inc has a score of 79/100 (Grade: A-). 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 Lorain County Office On Aging Inc generate?

Lorain County Office On Aging Inc reports $2.3M in annual revenue and holds $1.3M in total assets, based on IRS filings.

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