Utec Inc
Lowell, Massachusetts
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $17,303,734↑7% | $12,763,895↑16% | $38,527,902↑60% | — |
| 2022 | $16,132,892↑10% | $10,972,630↑28% | $24,012,756↑19% | — |
| 2021 | $14,604,530↑36% | $8,563,429↑15% | $20,133,809↑42% | — |
| 2020 | $10,752,194↑31% | $7,460,283↑9% | $14,227,288↑51% | — |
| 2019 | $8,233,519↑16% | $6,825,639↑10% | $9,398,963↓42% | — |
| 2018 | $7,068,202↑6% | $6,191,967↑8% | $16,069,657↑8% | — |
| 2017 | $6,648,651↑31% | $5,715,669↑15% | $14,843,213↑8% | — |
| 2016 | $5,077,773↑47% | $4,991,188↑12% | $13,734,022↑2% | — |
| 2015 | $3,456,860↓23% | $4,458,309↑16% | $13,431,976↑11% | — |
| 2014 | $4,508,066↑11% | $3,829,121↑22% | $12,089,496↑28% | — |
| 2013 | $4,060,350↓32% | $3,131,833↑48% | $9,435,916↓1% | — |
| 2012 | $5,951,147↑173% | $2,113,252↑9% | $9,485,791↑162% | — |
| 2011 | $2,180,278 | $1,937,293 | $3,618,756 | — |
Frequently Asked Questions
What does Utec Inc do?▼
Utec Inc is a youth development nonprofit organization based in Massachusetts. It is classified under NTEE code O50 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Utec Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Utec Inc has a score of 81/100 (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 Utec Inc generate?▼
Utec Inc reports $18.1M in annual revenue and holds $40.6M in total assets, based on IRS filings.
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