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
💰
$1.4M
Total Revenue
📊
$1.2M
Total Expenses
🏦
-$1.7M
Net Assets
📋
$3.4M
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+10.7%
Year-over-year change (2022 → 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 | $1,421,526↑11% | $1,186,911↓7% | $1,674,848↑7% | — |
| 2022 | $1,284,352↑31% | $1,277,529↑18% | $1,571,875↓14% | — |
| 2021 | $981,471↑1% | $1,079,732↓1% | $1,832,185↓7% | — |
| 2020 | $975,653 | $1,088,966↑2% | $1,964,870 | — |
| 2019 | $975,376↑4% | $1,067,261↑1% | $1,967,309↓11% | — |
| 2018 | $937,318 | $1,060,895↑2% | $2,204,102↓8% | — |
| 2017 | $935,827↑1% | $1,041,861↓2% | $2,392,691 | — |
| 2016 | $928,371↑4% | $1,061,921↓2% | $2,391,426↓11% | — |
| 2015 | $889,045↑1% | $1,081,819↓2% | $2,680,413↓7% | — |
| 2014 | $883,149↑79% | $1,100,752↑3% | $2,875,314↓9% | — |
| 2013 | $492,614↓51% | $1,066,238↓3% | $3,151,905↓15% | — |
| 2012 | $1,003,084 | $1,094,124↑3% | $3,718,074↓3% | — |
| 2011 | $1,005,373 | $1,062,001 | $3,840,547 | — |
Frequently Asked Questions
What does Mdbm Drake Senior Housing Corporation do?▼
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?▼
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?▼
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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