Liabilities / Assets
28th percentile
Higher debt load relative to assets than 28% of similar nonprofits.
Developing Potential Inc.
990 • Fiscal year 2023 • EIN 43-1661167
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.05x
Liabilities / Revenue
29th percentile
Higher debt load relative to revenue than 29% of similar nonprofits.
Net Margin
85th percentile
Higher net margin than 85% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
70th percentile
Faster asset growth than 70% of similar nonprofits.
Revenue Growth
49th percentile
Faster revenue growth than 49% of similar nonprofits.
Balance Sheet
Assets
Up$12,166,646
Up $1,466,990 (+14%) from 2022
Net Assets
Up$11,557,695
Up $1,763,952 (+18%) from 2022
Liabilities
Down$608,951
Down $296,962 (-33%) from 2022
Revenue And Expenses
Revenue
Up$5,601,839
Up $250,909 (+4.7%) from 2022
Expenses
Up$3,837,887
Up $813,491 (+27%) from 2022
Net Income
Down$1,763,952
Down $562,582 (-24%) from 2022
Historical Trend
Filing Detail Status
This 2023 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
Mission and Program Overview
Mission
Operation of a Facility for training the severely handicapped to increase thier earning capabilities and to increase opportunities for health and wellness.
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990Summary only. Only limited summary data is available for this year.
- Assets
- $12,166,646
- Liabilities
- $608,951
- Net assets
- $11,557,695
- Revenue
- $5,601,839
- Expenses
- $3,837,887
- Net income
- $1,763,952