Northern Homecare Services
Escanaba, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $8,382,140โ7% | $7,272,110โ4% | $8,309,810โ16% | |
| 2022 | $7,851,007 | $7,004,913โ1% | $7,163,175โ13% | โ |
| 2021 | $7,857,480โ32% | $6,955,671โ37% | $6,311,409โ18% | โ |
| 2020 | $5,957,419โ5% | $5,071,901โ5% | $5,356,473โ22% | โ |
| 2019 | $5,661,201โ6% | $4,822,979โ3% | $4,390,024โ24% | โ |
| 2018 | $5,362,152โ12% | $4,666,695โ12% | $3,537,905โ47% | โ |
| 2017 | $4,777,369โ18% | $4,180,194โ16% | $2,402,707โ36% | โ |
| 2016 | $4,042,600โ27% | $3,603,005โ26% | $1,766,851โ37% | โ |
| 2015 | $3,189,091โ14% | $2,852,837โ15% | $1,290,653โ49% | โ |
| 2014 | $2,804,557โ1% | $2,473,413โ13% | $869,067โ9% | โ |
| 2013 | $2,768,068โ24% | $2,854,999โ45% | $951,251โ62% | โ |
| 2012 | $2,231,036โ51% | $1,965,555โ50% | $588,839โ71% | โ |
| 2011 | $1,475,777 | $1,308,797 | $344,384 | โ |
Frequently Asked Questions
What does Northern Homecare Services do?โผ
Northern Homecare Services is a human services nonprofit organization based in Michigan. It is classified under NTEE code P70 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Northern Homecare Services financially healthy?โผ
Based on our 9-metric Financial Health Score model, Northern Homecare Services has a score of 77/100 (Grade: A-). 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 Northern Homecare Services generate?โผ
Northern Homecare Services reports $9.4M in annual revenue and holds $4.7M in total assets, based on IRS filings.
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