L โ€” Housing & ShelterEIN: 362296657ยท Ruling Year: 2008

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

๐Ÿ’ฐ
$1.4M
Total Revenue
๐Ÿ“Š
$1.2M
Total Expenses
๐Ÿฆ
-$1.7M
Net Assets
๐Ÿ“‹
$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
YearRevenueExpensesAssets
2023$1,421,526โ†‘11%$1,186,911โ†“7%$1,674,848โ†‘7%
2022$1,284,352โ†‘31%$1,277,529โ†‘18%$1,571,875โ†“14%
2021$981,471โ†‘1%$1,079,732โ†“1%$1,832,185โ†“7%
2020$975,653$1,088,966โ†‘2%$1,964,870
2019$975,376โ†‘4%$1,067,261โ†‘1%$1,967,309โ†“11%
2018$937,318$1,060,895โ†‘2%$2,204,102โ†“8%
2017$935,827โ†‘1%$1,041,861โ†“2%$2,392,691
2016$928,371โ†‘4%$1,061,921โ†“2%$2,391,426โ†“11%
2015$889,045โ†‘1%$1,081,819โ†“2%$2,680,413โ†“7%
2014$883,149โ†‘79%$1,100,752โ†‘3%$2,875,314โ†“9%
2013$492,614โ†“51%$1,066,238โ†“3%$3,151,905โ†“15%
2012$1,003,084$1,094,124โ†‘3%$3,718,074โ†“3%
2011$1,005,373$1,062,001$3,840,547

Frequently Asked Questions

What does Mdbm-drake Senior Housing Corporation do?โ–ผ

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?โ–ผ

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?โ–ผ

Mdbm-drake Senior Housing Corporation reports $1.5M in annual revenue and holds $1.8M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Housing & Shelter category, or browse all nonprofits in Michigan.

Mdbm-drake Senior Housing Corporation โ€” Farmingtn Hls, MI | GiveScope