Morgan County Economic Development Association
Decatur, Alabama
A-Health Score
79A-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Very Good
💰
$448K
Total Revenue
📊
$346K
Total Expenses
🏦
$2.2M
Net Assets
📋
$243K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+17.2%
Year-over-year change (2022 → 2023)
Net Margin
+22.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
6.41
Net assets divided by total expenses
Liabilities-to-Assets
9.9%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $448,217↑17% | $346,336↑15% | $2,461,274↑16% | |
| 2022 | $382,417↓3% | $300,911↑10% | $2,122,081↑4% | — |
| 2021 | $395,859↓3% | $273,811↑1% | $2,039,638↑6% | — |
| 2020 | $409,829↑3% | $270,349↓2% | $1,915,305↑8% | — |
| 2019 | $398,749↑13% | $276,270↓11% | $1,781,068↑8% | — |
| 2018 | $351,877↓7% | $309,998↓6% | $1,655,147↑3% | — |
| 2017 | $377,021↑1% | $330,434↑23% | $1,609,635↑3% | — |
| 2016 | $374,786 | $269,045↓14% | $1,563,048↑7% | — |
| 2015 | $375,371 | $312,565↑19% | $1,464,247↑4% | — |
| 2014 | $375,676↑3% | $262,204↓13% | $1,402,613↑8% | — |
| 2013 | $364,185↓1% | $301,433↑7% | $1,297,070↑4% | — |
| 2012 | $368,752↓1% | $282,208↓1% | $1,244,653↑2% | — |
| 2011 | $371,866 | $284,781 | $1,220,428 | — |
Frequently Asked Questions
What does Morgan County Economic Development Association do?▼
Morgan County Economic Development Association is a unclassified nonprofit organization based in Alabama. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Morgan County Economic Development Association financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Morgan County Economic Development Association.
How much revenue does Morgan County Economic Development Association generate?▼
Morgan County Economic Development Association reports $468K in annual revenue and holds $2.6M in total assets, based on IRS filings.
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