TPhilanthropy, Voluntarism & GrantmakingEIN: 912198028· Ruling Year: 2006

Worth County Development Authority

Northwood, Iowa

B+Health Score
66B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 30 peers in Philanthropy, Voluntarism & Grantmaking with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.11×
Peer Median15.61×
💰
$6.5M
Total Revenue
📊
$7.0M
Total Expenses
🏦
$7.7M
Net Assets
📋
$3K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.8%
Year-over-year change (2022 → 2023)
Net Margin
-7.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.11
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,451,0735%$6,951,9726%$7,739,4876%
2022$6,157,6841%$6,536,376123%$8,240,7494%
2021$6,215,50056%$2,934,56444%$8,616,68662%
2020$3,981,76920%$5,216,56431%$5,334,69119%
2019$4,974,563$3,996,05543%$6,569,48618%
2018$4,968,3962%$7,022,95656%$5,590,97827%
2017$5,060,3973%$4,515,67128%$7,645,5388%
2016$4,932,0365%$6,290,00224%$7,100,81216%
2015$5,164,8996%$5,079,32222%$8,458,7791%
2014$4,883,6435%$4,176,87320%$8,373,2029%
2013$5,116,0845%$5,214,04738%$7,666,4321%
2012$5,365,1945%$3,764,88616%$7,764,39526%
2011$5,098,763$4,465,764$6,164,087

Frequently Asked Questions

What does Worth County Development Authority do?

Worth County Development Authority is a philanthropy, voluntarism & grantmaking nonprofit organization based in Iowa. It is classified under NTEE code T12 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Worth County Development Authority financially healthy?

Based on our 9-metric Financial Health Score model, Worth County Development Authority has a score of 66/100 (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 Worth County Development Authority generate?

Worth County Development Authority reports $6.6M in annual revenue and holds $7.5M in total assets, based on IRS filings.

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