LHousing & ShelterEIN: 275020487· Ruling Year: 2011

Life Remodeled A Nonprofit Corporation

Detroit, Michigan

AHealth Score
89A

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Excellent

💰
$5.9M
Total Revenue
📊
$2.8M
Total Expenses
🏦
$9.2M
Net Assets
📋
$265K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+107.0%
Year-over-year change (2022 → 2023)
Net Margin
+53.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.30
Net assets divided by total expenses
Liabilities-to-Assets
2.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$5,946,403107%$2,794,15922%$9,477,70653%
2022$2,873,15212%$2,281,86814%$6,209,5178%
2021$2,566,10339%$2,010,0322%$5,753,52914%
2020$4,234,55663%$2,047,58013%$5,031,11935%
2019$2,601,97610%$1,812,42730%$3,730,36341%
2018$2,883,50647%$2,595,91438%$2,640,42050%
2017$5,463,8201%$4,198,93921%$1,762,190328%
2016$5,498,8843%$5,282,1918%$411,703125%
2015$5,317,4552%$5,718,87716%$182,96069%
2014$5,449,8127423%$4,945,23711421%$584,448809%
2013$72,441$42,9259%$64,29988%
2012$72,67722%$39,31246%$34,17864%
2011$93,584$72,718$20,866

Frequently Asked Questions

What does Life Remodeled A Nonprofit Corporation do?

Life Remodeled A Nonprofit Corporation is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Life Remodeled A Nonprofit Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Life Remodeled A Nonprofit Corporation has a score of 89/100 (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 Life Remodeled A Nonprofit Corporation generate?

Life Remodeled A Nonprofit Corporation reports $5.5M in annual revenue and holds $11.9M in total assets, based on IRS filings.

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