Silver Lake Water Authority Inc
Cedar Springs, Michigan
B+Health Score
72B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$59K
Total Revenue
📊
$26K
Total Expenses
🏦
$255K
Net Assets
📋
$3K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+52.7%
Year-over-year change (2022 → 2023)
Net Margin
+56.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
9.92
Net assets divided by total expenses
Liabilities-to-Assets
1.0%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $58,571↑53% | $25,698↓37% | $257,425↑15% | |
| 2022 | $38,364 | $40,992↑52% | $224,552 | — |
| 2021 | $38,392↓5% | $26,939↑3% | $224,555↑4% | — |
| 2020 | $40,344↓2% | $26,066↓4% | $214,977↑5% | — |
| 2019 | $41,033↑4% | $27,037↓32% | $205,157↑11% | — |
| 2018 | $39,348↑1% | $39,891↑85% | $184,828 | — |
| 2017 | $38,958 | $21,606↓51% | $185,371↑10% | — |
| 2016 | $38,874↑5% | $44,488↑19% | $168,554↓3% | — |
| 2015 | $36,925↓2% | $37,260↑11% | $173,633 | — |
| 2014 | $37,851↓1% | $33,461↑15% | $173,968↑3% | — |
| 2013 | $38,140 | $29,197↑6% | $169,578↑6% | — |
| 2012 | $38,318↓1% | $27,544↑63% | $160,635↑7% | — |
| 2011 | $38,615 | $16,897 | $149,861 | — |
Frequently Asked Questions
What does Silver Lake Water Authority Inc do?▼
Silver Lake Water Authority Inc is a mutual & membership benefit nonprofit organization based in Michigan. It is classified under NTEE code Y22 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Silver Lake Water Authority Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Silver Lake Water Authority Inc.
How much revenue does Silver Lake Water Authority Inc generate?▼
Silver Lake Water Authority Inc reports $61K in annual revenue and holds $284K in total assets, based on IRS filings.
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