SCommunity Improvement & Capacity BuildingEIN: 900183669· Ruling Year: 2005

Lubbock Economic Development Alliance Inc

Lubbock, Texas

DHealth Score
34D

Financial Health Score

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

Poor

How This Organization Compares

Compared to 8 peers in Community Improvement & Capacity Building with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-1.09×
Peer Median2.76×
💰
$12.7M
Total Revenue
📊
$6.1M
Total Expenses
🏦
-$6.6M
Net Assets
📋
$68.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+24.3%
Year-over-year change (2022 → 2023)
Net Margin
+52.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
-1.09
Net assets divided by total expenses
Liabilities-to-Assets
110.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$12,728,69324%$6,099,79287%$61,566,582136%
2022$10,240,08225%$46,636,205863%$26,107,25312%
2021$13,680,21881%$4,844,68434%$29,508,77715%
2020$7,562,6483%$7,377,56656%$25,650,90313%
2019$7,350,66413%$16,622,196129%$29,565,85012%
2018$6,524,8105%$7,259,78478%$26,418,3422%
2017$6,231,36321%$4,081,83337%$26,980,4435%
2016$7,885,4014%$6,469,26533%$25,716,5212%
2015$8,196,3715%$4,860,91756%$25,180,14830%
2014$8,604,0918%$3,114,70517%$19,421,72436%
2013$9,390,1527%$3,775,38616%$14,240,16649%
2012$8,787,70017%$4,501,84141%$28,192,61016%
2011$7,493,756$3,193,910$24,239,678

Frequently Asked Questions

What does Lubbock Economic Development Alliance Inc do?

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

Is Lubbock Economic Development Alliance Inc financially healthy?

Based on our 9-metric Financial Health Score model, Lubbock Economic Development Alliance Inc has a score of 34/100 (Grade: D). 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 Lubbock Economic Development Alliance Inc generate?

Lubbock Economic Development Alliance Inc reports $16.8M in annual revenue and holds $56.3M in total assets, based on IRS filings.

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