Z โ€” UnclassifiedEIN: 561513284ยท Ruling Year: 1988

Cabarrus Economic Development Inc

Concord, North Carolina

BHealth Score
57B

Financial Health Score

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

Above Average

๐Ÿ’ฐ
$698K
Total Revenue
๐Ÿ“Š
$754K
Total Expenses
๐Ÿฆ
$782K
Net Assets
๐Ÿ“‹
$148K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-19.4%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-7.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.04
Net assets divided by total expenses
Liabilities-to-Assets
16.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$698,355โ†“19%$753,850โ†‘30%$930,067โ†“4%
2022$866,942โ†‘16%$581,063โ†“15%$973,565โ†‘63%
2021$748,631โ†‘5%$680,627โ†“5%$597,044โ†‘8%
2020$714,466$718,710โ†‘14%$552,832โ†“3%
2019$714,473โ†‘3%$628,530โ†“5%$567,331โ†‘11%
2018$693,862โ†“1%$662,365โ†“7%$510,033โ†‘13%
2017$698,613โ†‘2%$708,436โ†‘22%$449,542โ†‘8%
2016$687,500โ†‘27%$582,527โ†‘15%$415,394โ†‘51%
2015$539,398โ†“12%$507,623โ†“6%$274,977โ†‘13%
2014$612,292โ†‘33%$541,697โ†“8%$243,202โ†‘41%
2013$458,986โ†“6%$591,798โ†‘16%$172,607โ†“43%
2012$488,200โ†“9%$511,593โ†“3%$305,419โ†“7%
2011$538,497$527,827$328,812

Frequently Asked Questions

What does Cabarrus Economic Development Inc do?โ–ผ

Cabarrus Economic Development Inc is a unclassified nonprofit organization based in North Carolina. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Cabarrus Economic Development Inc financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Cabarrus Economic Development Inc.

How much revenue does Cabarrus Economic Development Inc generate?โ–ผ

Cabarrus Economic Development Inc reports $786K in annual revenue and holds $844K in total assets, based on IRS filings.

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Cabarrus Economic Development Inc โ€” Concord, NC | GiveScope