L โ€” Housing & ShelterEIN: 621754514ยท Ruling Year: 1999

Eastern Eight Community Development Corporation

Johnson City, Tennessee

B+Health Score
67B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$4.0M
Total Revenue
๐Ÿ“Š
$4.1M
Total Expenses
๐Ÿฆ
$12.7M
Net Assets
๐Ÿ“‹
$5.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+6.0%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-1.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.11
Net assets divided by total expenses
Liabilities-to-Assets
29.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,015,634โ†‘6%$4,089,385โ†‘4%$17,935,027โ†“1%
2022$3,788,608โ†‘2%$3,938,931โ†‘4%$18,111,272โ†‘1%
2021$3,706,192โ†“42%$3,800,068โ†‘16%$17,876,667โ†“4%
2020$6,360,395โ†‘40%$3,289,119โ†“35%$18,711,028โ†‘28%
2019$4,548,219โ†“10%$5,045,844โ†“1%$14,574,177โ†“13%
2018$5,052,916โ†“14%$5,117,317โ†“10%$16,667,285โ†“4%
2017$5,900,021โ†‘34%$5,661,835โ†‘46%$17,290,798โ†“1%
2016$4,404,804โ†“27%$3,876,256โ†“18%$17,507,314โ†‘2%
2015$6,024,452โ†‘42%$4,707,898โ†‘84%$17,196,832โ†‘7%
2014$4,240,172$2,554,677โ†“24%$16,058,890โ†‘13%
2013$4,233,793โ†“16%$3,359,376โ†“7%$14,252,863โ†‘16%
2012$5,063,091โ†‘21%$3,604,773โ†‘10%$12,237,623โ†‘22%
2011$4,183,585$3,286,242$10,050,454

Frequently Asked Questions

What does Eastern Eight Community Development Corporation do?โ–ผ

Eastern Eight Community Development Corporation is a housing & shelter nonprofit organization based in Tennessee. It is classified under NTEE code L122 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Eastern Eight Community Development Corporation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Eastern Eight Community Development Corporation has a score of 67/100 (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 Eastern Eight Community Development Corporation generate?โ–ผ

Eastern Eight Community Development Corporation reports $5.1M in annual revenue and holds $19.1M in total assets, based on IRS filings.

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Eastern Eight Community Development Corporation โ€” Johnson City, TN | GiveScope