Forbes House
Painesville, Ohio
B+Health Score
67B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$1.1M
Total Revenue
📊
$922K
Total Expenses
🏦
$1.3M
Net Assets
📋
$637K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+94.8%
Year-over-year change (2022 → 2023)
Net Margin
+17.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.41
Net assets divided by total expenses
Liabilities-to-Assets
32.9%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,112,062↑95% | $921,876↑1% | $1,936,527↑15% | — |
| 2022 | $570,799↓49% | $916,484↑7% | $1,685,406↓18% | — |
| 2021 | $1,115,366↑20% | $858,752↑2% | $2,056,343↑39% | — |
| 2020 | $931,915↑16% | $840,339↑25% | $1,477,369↑39% | — |
| 2019 | $806,411↑1% | $670,217↓8% | $1,064,143↑22% | — |
| 2018 | $802,339↑17% | $725,458↓1% | $875,150↑1% | — |
| 2017 | $683,019↓20% | $733,025↑8% | $868,369↓1% | — |
| 2016 | $856,586↑66% | $681,058↑13% | $881,428↑27% | — |
| 2015 | $514,601 | $600,728↑13% | $695,652↓13% | — |
| 2014 | $513,301↓15% | $530,243↓11% | $798,353↓3% | — |
| 2013 | $604,604↓2% | $598,640↓3% | $822,895↑6% | — |
| 2012 | $616,134↑6% | $619,054↓1% | $775,958↑5% | — |
| 2011 | $580,071 | $622,562 | $735,908 | — |
Frequently Asked Questions
What does Forbes House do?▼
Forbes House is a human services nonprofit organization based in Ohio. It is classified under NTEE code P43Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Forbes House financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Forbes House.
How much revenue does Forbes House generate?▼
Forbes House reports $1.0M in annual revenue and holds $1.6M in total assets, based on IRS filings.
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