S โ€” Community Improvement & Capacity BuildingEIN: 800757957ยท Ruling Year: 2014

Advantix Development Corporation

Evansville, Indiana

AHealth Score
89A

Financial Health Score

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

Excellent

๐Ÿ’ฐ
$9.3M
Total Revenue
๐Ÿ“Š
$4.4M
Total Expenses
๐Ÿฆ
$21.1M
Net Assets
๐Ÿ“‹
$5.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+79.1%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+53.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.85
Net assets divided by total expenses
Liabilities-to-Assets
20.8%
Total liabilities as % of total assets

Filing History

9 filings on record
YearRevenueExpensesAssets
2023$9,303,730โ†‘79%$4,351,297โ†‘28%$26,673,336
2022$5,194,127โ†“8%$3,393,165โ†“30%$26,637,427โ†‘51%
2021$5,632,837โ†‘45%$4,841,584โ†‘35%$17,664,853โ†‘5%
2020$3,872,074โ†“9%$3,588,363โ†‘1%$16,774,869โ†‘22%
2019$4,258,535โ†“61%$3,540,632โ†‘64%$13,748,727โ†“2%
2018$10,943,357โ†‘502%$2,160,572โ†‘161%$13,975,773โ†‘312%
2017$1,818,363โ†“5%$826,364โ†“13%$3,390,306โ†‘48%
2016$1,915,850โ†‘35%$950,086โ†‘1275%$2,294,535โ†‘60%
2015$1,424,128$69,096$1,436,445

Frequently Asked Questions

What does Advantix Development Corporation do?โ–ผ

Advantix Development Corporation is a community improvement & capacity building nonprofit organization based in Indiana. It is classified under NTEE code S20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Advantix Development Corporation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Advantix Development Corporation has a score of 89/100 (Grade: A). 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 Advantix Development Corporation generate?โ–ผ

Advantix Development Corporation reports $5.3M in annual revenue and holds $23.5M in total assets, based on IRS filings.

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Advantix Development Corporation โ€” Evansville, IN | GiveScope