Mid-east Development Corporation
Washington, North Carolina
B-Health Score
47B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$335K
Total Revenue
📊
$332K
Total Expenses
🏦
-$230K
Net Assets
📋
$1.4M
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+2.6%
Year-over-year change (2023 → 2024)
Net Margin
+1.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.69
Net assets divided by total expenses
Liabilities-to-Assets
120.5%
Total liabilities as % of total assets
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $335,231↑3% | $331,861↓1% | $1,122,368↓3% | — |
| 2023 | $326,579↑4% | $335,825↓1% | $1,154,111↓3% | — |
| 2022 | $315,512 | $338,494↑6% | $1,189,639↓5% | — |
| 2021 | $316,877↓9% | $320,783↑1% | $1,246,257↓2% | — |
| 2020 | $346,691↑7% | $318,324↑3% | $1,265,546↓2% | — |
| 2019 | $323,242↓8% | $307,881↓4% | $1,289,255 | — |
| 2018 | $351,268↑4% | $320,820↓12% | $1,293,653 | — |
| 2017 | $337,972↓13% | $362,659↓5% | $1,288,218↓3% | — |
| 2016 | $389,406↑2% | $381,281↓2% | $1,332,906 | — |
| 2015 | $382,334↓3% | $389,807↓5% | $1,336,306↓2% | — |
| 2014 | $395,929↑3% | $411,660 | $1,369,586↓1% | — |
| 2013 | $384,073↓11% | $411,406↓13% | $1,388,880↓4% | — |
| 2012 | $433,861↓7% | $470,898↑9% | $1,444,308↓3% | — |
| 2011 | $468,580 | $430,145 | $1,483,191 | — |
Frequently Asked Questions
What does Mid-east Development Corporation do?▼
Mid-east Development Corporation is a housing & shelter nonprofit organization based in North Carolina. It is classified under NTEE code L200 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Mid-east Development Corporation financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Mid-east Development Corporation.
How much revenue does Mid-east Development Corporation generate?▼
Mid-east Development Corporation reports $348K in annual revenue and holds $1.1M in total assets, based on IRS filings.
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