Friction Materials Standards
Auburn Hills, Michigan
B-Health Score
52B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$618K
Total Revenue
📊
$705K
Total Expenses
🏦
$746K
Net Assets
📋
$201K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+7.4%
Year-over-year change (2022 → 2023)
Net Margin
-14.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.06
Net assets divided by total expenses
Liabilities-to-Assets
21.2%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $618,367↑7% | $705,043↑11% | $946,936↓13% | — |
| 2022 | $575,953↑10% | $637,598↑7% | $1,084,032↑5% | — |
| 2021 | $521,842↓21% | $597,767↑19% | $1,034,616↓7% | — |
| 2020 | $658,515↑29% | $501,146↓2% | $1,110,032↑21% | — |
| 2019 | $508,598↑2% | $513,474↓6% | $919,986↑2% | — |
| 2018 | $498,779↑63% | $547,774↑53% | $904,319↓6% | — |
| 2017 | $306,659↓28% | $357,974↓19% | $963,267↓12% | — |
| 2017 | $427,961↓10% | $441,841↑21% | $1,094,933↑3% | — |
| 2016 | $473,611↑18% | $365,331↑22% | $1,063,585↑13% | — |
| 2015 | $400,343↑6% | $299,826↑3% | $938,382↑12% | — |
| 2014 | $377,976↑10% | $290,932↓9% | $837,133↑11% | — |
| 2013 | $344,666↓6% | $320,503↑5% | $750,794↑3% | — |
| 2012 | $365,517 | $306,683 | $727,096 | — |
Frequently Asked Questions
What does Friction Materials Standards do?▼
Friction Materials Standards is a science & technology nonprofit organization based in Michigan. It is classified under NTEE code U40Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Friction Materials Standards financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Friction Materials Standards.
How much revenue does Friction Materials Standards generate?▼
Friction Materials Standards reports $739K in annual revenue and holds $929K in total assets, based on IRS filings.
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