Eastern Market Development Corporation
Detroit, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
6 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $347,012↑29% | $306,188↓43% | $2,460,581↓1% | — |
| 2022 | $268,690↓52% | $532,796↑17% | $2,479,241↓13% | — |
| 2021 | $558,080↓23% | $454,402↑3% | $2,864,604↓7% | — |
| 2020 | $725,923↓48% | $439,988↑86% | $3,074,749↑9% | — |
| 2019 | $1,406,744↑274% | $235,935↑2976% | $2,813,911↑152% | — |
| 2018 | $375,676 | $7,671 | $1,118,041 | — |
Frequently Asked Questions
What does Eastern Market Development Corporation do?▼
Eastern Market Development Corporation is a community improvement & capacity building nonprofit organization based in Michigan. It is classified under NTEE code S31 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Eastern Market Development Corporation financially healthy?▼
Based on our 9-metric Financial Health Score model, Eastern Market Development Corporation has a score of 62/100 (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 Market Development Corporation generate?▼
Eastern Market Development Corporation reports $6.2M in annual revenue and holds $8.9M in total assets, based on IRS filings.
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