S โ€” Community Improvement & Capacity BuildingEIN: 460394983ยท Ruling Year: 1988

Mitchell Area Development Corporation

Mitchell, South Dakota

CHealth Score
40C

Financial Health Score

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

Below Average

๐Ÿ’ฐ
$446K
Total Revenue
๐Ÿ“Š
$485K
Total Expenses
๐Ÿฆ
$4.0M
Net Assets
๐Ÿ“‹
$1.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-16.0%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-8.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
8.26
Net assets divided by total expenses
Liabilities-to-Assets
24.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$445,865โ†“16%$485,480โ†“29%$5,327,379โ†‘22%
2022$530,993โ†“38%$683,590โ†‘30%$4,367,187โ†“5%
2021$855,472โ†‘117%$524,201โ†“31%$4,585,529โ†‘5%
2020$395,048โ†“1%$764,321โ†‘40%$4,384,057โ†“13%
2019$400,137โ†“27%$545,736โ†“5%$5,035,558
2018$545,406โ†‘37%$576,561โ†‘12%$5,020,512
2017$397,469โ†‘2%$515,094โ†‘4%$5,027,466โ†“3%
2016$389,348โ†‘49%$493,384โ†“45%$5,173,407โ†“12%
2015$261,281โ†“13%$900,925โ†‘46%$5,854,435โ†“10%
2014$298,998โ†“85%$617,875โ†‘82%$6,524,346โ†“5%
2013$2,051,389โ†‘371%$339,461โ†‘3%$6,878,279โ†‘32%
2012$435,877โ†“4%$329,619โ†‘12%$5,206,511โ†‘2%
2011$452,751$294,718$5,118,118

Frequently Asked Questions

What does Mitchell Area Development Corporation do?โ–ผ

Mitchell Area Development Corporation is a community improvement & capacity building nonprofit organization based in South Dakota. It is classified under NTEE code S31Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Mitchell Area Development Corporation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Mitchell Area Development Corporation has a score of 40/100 (Grade: C). 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 Mitchell Area Development Corporation generate?โ–ผ

Mitchell Area Development Corporation reports $1.1M in annual revenue and holds $5.6M in total assets, based on IRS filings.

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Mitchell Area Development Corporation โ€” Mitchell, SD | GiveScope