LHousing & ShelterEIN: 421489223· Ruling Year: 2000

Neighborhood Development Corp

Des Moines, Iowa

B+Health Score
72B+

Financial Health Score

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

Good

💰
$5.3M
Total Revenue
📊
$2.7M
Total Expenses
🏦
$5.4M
Net Assets
📋
$5.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+188.3%
Year-over-year change (2022 → 2023)
Net Margin
+49.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.00
Net assets divided by total expenses
Liabilities-to-Assets
50.4%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2023$5,325,092188%$2,689,02583%$10,862,18330%
2022$1,846,92126%$1,468,86510%$8,334,74923%
2021$2,495,754737%$1,338,71921%$6,803,17758%
2019-$391,988114%$1,106,01736%$4,300,32331%
2018$2,751,12446%$1,725,3629%$6,206,18858%
2017$1,890,05832%$1,580,33819%$14,886,24289%
2015$1,428,09789%$1,940,33069%$7,896,924
2014$757,51442%$6,232,592189%$7,880,10429%
2013$1,314,41321%$2,159,434243%$11,176,8168%
2012$1,090,1423%$629,73825%$10,338,1937%
2011$1,126,306$843,773$9,663,265

Frequently Asked Questions

What does Neighborhood Development Corp do?

Neighborhood Development Corp is a housing & shelter nonprofit organization based in Iowa. It is classified under NTEE code L25 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Neighborhood Development Corp financially healthy?

Based on our 9-metric Financial Health Score model, Neighborhood Development Corp has a score of 72/100 (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 Corp generate?

Neighborhood Development Corp reports $2.1M in annual revenue and holds $7.2M in total assets, based on IRS filings.

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