Worthington Regional Economic Development Corporation
Worthington, Minnesota
B+Health Score
67B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$113K
Total Revenue
📊
$63K
Total Expenses
🏦
$1.6M
Net Assets
📋
$21K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-48.1%
Year-over-year change (2022 → 2023)
Net Margin
+44.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
25.83
Net assets divided by total expenses
Liabilities-to-Assets
1.3%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $113,287↓48% | $63,446 | $1,659,843↑4% | — |
| 2022 | $218,077↑83% | $63,422↓17% | $1,599,553↑10% | — |
| 2021 | $119,491↓7% | $76,774↑44% | $1,452,329↑4% | — |
| 2020 | $128,674↓44% | $53,299↓62% | $1,391,557↑4% | — |
| 2019 | $228,542↑8% | $140,860↓25% | $1,339,076↑8% | — |
| 2018 | $210,728↓31% | $188,360↓10% | $1,235,718 | — |
| 2017 | $305,218↓13% | $209,098↓5% | $1,230,929↑9% | — |
| 2016 | $349,097↓57% | $219,653↓3% | $1,133,239↑12% | — |
| 2015 | $812,290↑289% | $227,145 | $1,009,944↑126% | — |
| 2014 | $208,851↓19% | $227,430↑28% | $446,247↑7% | — |
| 2013 | $256,585↑18% | $178,080↓17% | $417,731↑23% | — |
| 2012 | $217,809↓39% | $213,407↓31% | $338,980↑1% | — |
| 2011 | $354,868 | $310,791 | $334,515 | — |
Frequently Asked Questions
What does Worthington Regional Economic Development Corporation do?▼
Worthington Regional Economic Development Corporation is a unclassified nonprofit organization based in Minnesota. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Worthington Regional Economic Development Corporation financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Worthington Regional Economic Development Corporation.
How much revenue does Worthington Regional Economic Development Corporation generate?▼
Worthington Regional Economic Development Corporation reports $141K in annual revenue and holds $1.7M in total assets, based on IRS filings.
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