LHousing & ShelterEIN: 352183523· Ruling Year: 2004

Perry Farm Development Co

Harbor Spgs, Michigan

BHealth Score
61B

Financial Health Score

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

Above Average

💰
$2.6M
Total Revenue
📊
$2.6M
Total Expenses
🏦
$359K
Net Assets
📋
$801K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+85.5%
Year-over-year change (2022 → 2023)
Net Margin
-1.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.14
Net assets divided by total expenses
Liabilities-to-Assets
69.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,586,18085%$2,636,50656%$1,160,12826%
2022$1,394,427$1,694,55425%$1,566,6509%
2021$1,392,4551%$1,353,0872%$1,720,8736%
2020$1,385,09510%$1,380,2334%$1,620,5796%
2019$1,532,52921%$1,436,7319%$1,717,15110%
2018$1,261,5248%$1,319,21715%$1,565,9497%
2017$1,168,09713%$1,146,09212%$1,675,8485%
2016$1,030,77427%$1,020,1783%$1,593,5245%
2015$1,404,7159%$994,9635%$1,520,93038%
2014$1,287,94617%$944,3089%$1,105,41211%
2013$1,105,38660%$1,039,1876%$1,239,82550%
2012$2,777,082330%$1,102,96816%$2,502,0829%
2011$645,388$951,977$2,744,227

Frequently Asked Questions

What does Perry Farm Development Co do?

Perry Farm Development Co is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Perry Farm Development Co financially healthy?

Based on our 9-metric Financial Health Score model, Perry Farm Development Co has a score of 61/100 (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 Perry Farm Development Co generate?

Perry Farm Development Co reports $3.1M in annual revenue and holds $1.2M in total assets, based on IRS filings.

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