S — Community Improvement & Capacity BuildingEIN: 630505214· Ruling Year: 1966

Gadsden Progress Council

Gadsden, Alabama

BHealth Score
64B

Financial Health Score

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

Above Average

💰
$5.1M
Total Revenue
📊
$5.1M
Total Expenses
🏦
$1.1M
Net Assets
📋
$559K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+0.2%
Year-over-year change (2022 → 2023)
Net Margin
-0.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.22
Net assets divided by total expenses
Liabilities-to-Assets
33.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$5,059,017$5,083,497↑14%$1,692,942↓27%
2022$5,049,375↑21%$4,468,956↑14%$2,322,217↑126%
2021$4,174,872↑10%$3,935,097↑3%$1,027,271↑82%
2020$3,784,246↑1%$3,823,040$562,971↑2%
2019$3,765,223$3,821,394↑2%$552,059↑18%
2018$3,782,785↑3%$3,747,684$469,308↓2%
2017$3,686,856↑3%$3,761,427↑3%$480,086↓25%
2016$3,594,362↑1%$3,651,062↑3%$639,936
2015$3,548,720↑8%$3,549,842↑10%$638,650↓47%
2014$3,296,104↓1%$3,230,867↓4%$1,202,692↓2%
2013$3,337,198↓20%$3,354,472↓1%$1,222,289↑7%
2012$4,158,228↑32%$3,371,837↑9%$1,142,242↑227%
2011$3,139,724$3,096,638$348,944

Frequently Asked Questions

What does Gadsden Progress Council do?▼

Gadsden Progress Council is a community improvement & capacity building nonprofit organization based in Alabama. It is classified under NTEE code S200 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Gadsden Progress Council financially healthy?▼

Based on our 9-metric Financial Health Score model, Gadsden Progress Council has a score of 64/100 (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 Gadsden Progress Council generate?▼

Gadsden Progress Council reports $5.0M in annual revenue and holds $2.3M in total assets, based on IRS filings.

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