S โ€” Community Improvement & Capacity BuildingEIN: 680377492ยท Ruling Year: 1996

Folsom Economic Development Corporation

Folsom, California

CHealth Score
42C

Financial Health Score

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

Below Average

๐Ÿ’ฐ
$352K
Total Revenue
๐Ÿ“Š
$317K
Total Expenses
๐Ÿฆ
$82K
Net Assets
๐Ÿ“‹
$671K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+114.4%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+9.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.26
Net assets divided by total expenses
Liabilities-to-Assets
89.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$352,017โ†‘114%$317,036โ†‘18%$753,583โ†‘5%
2022$164,194โ†“58%$269,397โ†‘5%$714,981โ†“21%
2021$389,676โ†‘171%$257,101โ†‘8%$902,511โ†‘1027%
2020$143,842โ†“50%$238,718โ†“7%$80,074โ†“38%
2019$286,400โ†“31%$256,085โ†“20%$129,861โ†‘3%
2018$413,658โ†‘126%$318,581โ†‘15%$126,371โ†‘300%
2017$182,950โ†“13%$277,738โ†‘136%$31,594โ†“72%
2016$211,001โ†‘57%$117,473โ†“10%$111,014โ†‘926%
2015$134,717โ†‘411%$130,675โ†‘232%$10,817โ†‘198%
2014$26,351โ†“58%$39,357โ†“13%$3,633โ†“81%
2013$62,252โ†“66%$45,230โ†“66%$19,595โ†‘381%
2012$185,206โ†‘14%$132,070โ†“33%$4,071โ†“91%
2011$162,167$197,399$47,075

Frequently Asked Questions

What does Folsom Economic Development Corporation do?โ–ผ

Folsom Economic Development Corporation is a community improvement & capacity building nonprofit organization based in California. It is classified under NTEE code S30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Folsom Economic Development Corporation financially healthy?โ–ผ

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

How much revenue does Folsom Economic Development Corporation generate?โ–ผ

Folsom Economic Development Corporation reports $505K in annual revenue and holds $847K in total assets, based on IRS filings.

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Folsom Economic Development Corporation โ€” Folsom, CA | GiveScope