Michaywe Owners Association
Gaylord, Michigan
BHealth Score
63B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
๐ฐ
$1.0M
Total Revenue
๐
$975K
Total Expenses
๐ฆ
$5.2M
Net Assets
๐
$2.1M
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+1.8%
Year-over-year change (2022 โ 2023)
Net Margin
+7.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
5.32
Net assets divided by total expenses
Liabilities-to-Assets
28.5%
Total liabilities as % of total assets
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,047,555โ2% | $974,556โ3% | $7,251,854โ4% | |
| 2022 | $1,029,191โ3% | $1,000,648โ3% | $6,954,996โ1% | โ |
| 2021 | $1,060,504โ3% | $974,646 | $7,051,305โ5% | โ |
| 2020 | $1,030,887 | $973,256โ2% | $6,747,291 | โ |
| 2019 | $1,030,203โ1% | $955,649โ3% | $6,750,561 | โ |
| 2018 | $1,040,431โ1% | $928,937โ4% | $6,751,391โ4% | โ |
| 2017 | $1,053,162 | $895,441โ5% | $6,504,171โ1% | โ |
| 2016 | $1,049,099โ3% | $850,564โ6% | $6,443,752โ3% | โ |
| 2015 | $1,015,877โ8% | $903,843โ8% | $6,245,984โ1% | โ |
| 2014 | $943,937 | $980,438โ6% | $6,161,412โ2% | โ |
| 2013 | $947,737โ2% | $928,887โ1% | $6,267,327โ1% | โ |
| 2012 | $971,761โ4% | $934,180โ2% | $6,356,423 | โ |
| 2011 | $1,014,357โ1% | $919,840 | $6,346,536โ2% | โ |
| 2010 | $1,027,139 | $923,810 | $6,193,592 | โ |
Frequently Asked Questions
What does Michaywe Owners Association do?โผ
Michaywe Owners Association is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L50 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Michaywe Owners Association financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Michaywe Owners Association.
How much revenue does Michaywe Owners Association generate?โผ
Michaywe Owners Association reports $994K in annual revenue and holds $7.2M in total assets, based on IRS filings.
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