Faith Homeschool
Lapeer, Michigan
BHealth Score
62B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$144K
Total Revenue
📊
$141K
Total Expenses
🏦
$18K
Net Assets
📋
$1K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+13.8%
Year-over-year change (2022 → 2023)
Net Margin
+1.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.13
Net assets divided by total expenses
Liabilities-to-Assets
6.8%
Total liabilities as % of total assets
Filing History
11 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $143,830↑14% | $141,089↑22% | $19,699↑16% | |
| 2022 | $126,410↑68% | $115,426↑51% | $17,009↑178% | — |
| 2021 | $75,339↑16% | $76,242↑14% | $6,111↓10% | — |
| 2020 | $64,906↓21% | $67,056↓15% | $6,775↓27% | — |
| 2019 | $82,262↓7% | $78,746↓13% | $9,225↑110% | — |
| 2018 | $88,285↓9% | $90,606↓10% | $4,395↓35% | — |
| 2017 | $96,901↑23% | $101,053↑26% | $6,734↓38% | — |
| 2016 | $78,482 | $80,213↑9% | $10,848↓41% | — |
| 2015 | $78,463↑32% | $73,616↑26% | $18,334↑36% | — |
| 2014 | $59,382↑2% | $58,647↑14% | $13,487↑6% | — |
| 2013 | $57,944 | $51,338 | $12,751 | — |
Frequently Asked Questions
What does Faith Homeschool do?▼
Faith Homeschool is a education nonprofit organization based in Michigan. It is classified under NTEE code B80 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Faith Homeschool financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Faith Homeschool.
How much revenue does Faith Homeschool generate?▼
Faith Homeschool reports $156K in annual revenue and holds $48K in total assets, based on IRS filings.