J — EmploymentEIN: 341916518· Ruling Year: 2000

Economic Growth Foundation

Cleveland, Ohio

AHealth Score
86A

Financial Health Score

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

Excellent

💰
$4.8M
Total Revenue
📊
$4.7M
Total Expenses
🏦
$11.8M
Net Assets
📋
$916K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+65.7%
Year-over-year change (2022 → 2023)
Net Margin
+3.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.53
Net assets divided by total expenses
Liabilities-to-Assets
7.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,825,347↑66%$4,682,632↑21%$12,747,580↓7%
2022$2,912,962↑3%$3,877,223↑53%$13,654,480↑3%
2021$2,832,062↓9%$2,536,728↓15%$13,288,983↑1%
2020$3,100,506↑39%$2,998,593↑28%$13,192,932↑2%
2019$2,233,236↓20%$2,349,509↑55%$12,875,482↑2%
2018$2,776,179↑61%$1,515,136↑6%$12,652,814↑9%
2017$1,720,551↓39%$1,433,003↓53%$11,610,699↑4%
2016$2,842,398↑27%$3,069,543↑34%$11,124,435↓3%
2015$2,231,962↓28%$2,292,760↑31%$11,462,985
2014$3,096,625↓1%$1,751,693↓13%$11,417,163↑18%
2013$3,123,219↑51%$2,024,953↓48%$9,696,063↑9%
2012$2,067,192↓46%$3,905,215↑1%$8,886,291↓20%
2011$3,862,239$3,859,374$11,087,266

Frequently Asked Questions

What does Economic Growth Foundation do?▼

Economic Growth Foundation is a employment nonprofit organization based in Ohio. It is classified under NTEE code J22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Economic Growth Foundation financially healthy?▼

Based on our 9-metric Financial Health Score model, Economic Growth Foundation has a score of 86/100 (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 Economic Growth Foundation generate?▼

Economic Growth Foundation reports $5.0M in annual revenue and holds $13.4M in total assets, based on IRS filings.

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