EHealth CareEIN: 432038769· Ruling Year: 2004

Shannon Business Services Inc

San Angelo, Texas

B+Health Score
68B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 39 peers in Health Care with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.37×
Peer Median8.62×
💰
$20.0M
Total Revenue
📊
$21.2M
Total Expenses
🏦
$7.8M
Net Assets
📋
$277K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+14.1%
Year-over-year change (2022 → 2023)
Net Margin
-5.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.37
Net assets divided by total expenses
Liabilities-to-Assets
3.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$20,038,43114%$21,195,45521%$8,068,5226%
2022$17,555,45124%$17,479,84326%$7,639,39718%
2021$14,101,59235%$13,822,78827%$6,491,39127%
2020$10,436,75436%$10,860,71837%$5,106,39012%
2019$16,328,72316%$17,130,66615%$5,823,39611%
2018$14,082,22120%$14,909,23016%$5,254,09919%
2017$11,723,9711%$12,902,2054%$6,458,84716%
2016$11,665,53810%$12,386,0695%$5,578,3205%
2015$10,603,6898%$11,826,59213%$5,305,6436%
2014$9,861,03125%$10,476,22424%$4,994,81718%
2013$7,906,3786%$8,415,71815%$4,249,88912%
2012$8,391,0152%$7,323,17416%$3,795,7552%
2011$8,224,218$8,702,080$3,703,616

Frequently Asked Questions

What does Shannon Business Services Inc do?

Shannon Business Services Inc is a health care nonprofit organization based in Texas. It is classified under NTEE code E11 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Shannon Business Services Inc financially healthy?

Based on our 9-metric Financial Health Score model, Shannon Business Services Inc has a score of 68/100 (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 Shannon Business Services Inc generate?

Shannon Business Services Inc reports $32.5M in annual revenue and holds $9.2M in total assets, based on IRS filings.

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