Mdbm-drake Senior Housing Corporation
Farmingtn Hls, Michigan
BHealth Score
59B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
๐ฐ
$1.4M
Total Revenue
๐
$1.2M
Total Expenses
๐ฆ
-$1.7M
Net Assets
๐
$3.4M
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+10.7%
Year-over-year change (2022 โ 2023)
Net Margin
+16.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
-1.45
Net assets divided by total expenses
Liabilities-to-Assets
202.8%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,421,526โ11% | $1,186,911โ7% | $1,674,848โ7% | โ |
| 2022 | $1,284,352โ31% | $1,277,529โ18% | $1,571,875โ14% | โ |
| 2021 | $981,471โ1% | $1,079,732โ1% | $1,832,185โ7% | โ |
| 2020 | $975,653 | $1,088,966โ2% | $1,964,870 | โ |
| 2019 | $975,376โ4% | $1,067,261โ1% | $1,967,309โ11% | โ |
| 2018 | $937,318 | $1,060,895โ2% | $2,204,102โ8% | โ |
| 2017 | $935,827โ1% | $1,041,861โ2% | $2,392,691 | โ |
| 2016 | $928,371โ4% | $1,061,921โ2% | $2,391,426โ11% | โ |
| 2015 | $889,045โ1% | $1,081,819โ2% | $2,680,413โ7% | โ |
| 2014 | $883,149โ79% | $1,100,752โ3% | $2,875,314โ9% | โ |
| 2013 | $492,614โ51% | $1,066,238โ3% | $3,151,905โ15% | โ |
| 2012 | $1,003,084 | $1,094,124โ3% | $3,718,074โ3% | โ |
| 2011 | $1,005,373 | $1,062,001 | $3,840,547 | โ |
Frequently Asked Questions
What does Mdbm-drake Senior Housing Corporation do?โผ
Mdbm-drake Senior Housing Corporation 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 Mdbm-drake Senior Housing Corporation financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Mdbm-drake Senior Housing Corporation.
How much revenue does Mdbm-drake Senior Housing Corporation generate?โผ
Mdbm-drake Senior Housing Corporation reports $1.5M in annual revenue and holds $1.8M in total assets, based on IRS filings.
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