AArts, Culture & HumanitiesEIN: 341481142· Ruling Year: 1985

Laurel Lake Retirement Community Inc

Hudson, Ohio

B+Health Score
71B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 25 peers in Arts, Culture & Humanities with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.92×
Peer Median4.61×
💰
$29.9M
Total Revenue
📊
$26.2M
Total Expenses
🏦
$24.2M
Net Assets
📋
$71.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+17.9%
Year-over-year change (2022 → 2023)
Net Margin
+12.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.92
Net assets divided by total expenses
Liabilities-to-Assets
74.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$29,916,27118%$26,185,7952%$95,941,4025%
2022$25,377,6746%$25,697,0382%$91,214,4954%
2021$26,906,5634%$25,091,3303%$95,012,524
2020$25,976,0204%$24,364,4672%$95,397,7696%
2019$24,879,9636%$23,867,8672%$89,610,2605%
2018$26,345,1471%$23,497,5065%$85,678,0184%
2017$26,711,7348%$22,428,5513%$89,432,321
2016$24,655,709$21,870,0222%$89,391,645
2015$24,568,3432%$21,411,1345%$89,041,1321%
2014$24,140,0896%$22,656,6218%$87,995,7654%
2013$25,609,7838%$21,021,2261%$84,262,20024%
2012$23,763,5087%$20,843,5081%$68,177,5847%
2011$22,199,393$20,572,473$63,858,091

Frequently Asked Questions

What does Laurel Lake Retirement Community Inc do?

Laurel Lake Retirement Community Inc is a arts, culture & humanities nonprofit organization based in Ohio. It is classified under NTEE code A6B and is registered as a 501(c) tax-exempt organization with the IRS.

Is Laurel Lake Retirement Community Inc financially healthy?

Based on our 9-metric Financial Health Score model, Laurel Lake Retirement Community Inc has a score of 71/100 (Grade: B+). 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 Laurel Lake Retirement Community Inc generate?

Laurel Lake Retirement Community Inc reports $28.3M in annual revenue and holds $99.1M in total assets, based on IRS filings.

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