Northern Shores Loan Fund Inc
Petoskey, Michigan
B-Health Score
47B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$299K
Total Revenue
📊
$452K
Total Expenses
🏦
$1.2M
Net Assets
📋
$103K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+138.2%
Year-over-year change (2022 → 2023)
Net Margin
-51.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.68
Net assets divided by total expenses
Liabilities-to-Assets
7.8%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $299,339↑138% | $452,285↑46% | $1,313,725↓9% | — |
| 2022 | $125,673↓83% | $310,265↑56% | $1,439,114↓7% | — |
| 2021 | $743,057↑65% | $198,473↓37% | $1,553,913↑56% | — |
| 2020 | $449,308↑41% | $313,795↑47% | $993,471↑16% | — |
| 2019 | $319,038↑1544% | $213,730↓3% | $859,436↑14% | — |
| 2018 | $19,403↓97% | $221,310↑25% | $754,308↓27% | — |
| 2017 | $564,005↑1038% | $177,566↓4% | $1,027,111↑68% | — |
| 2016 | $49,581↓78% | $185,819↓9% | $610,418↓19% | — |
| 2015 | $222,447↑119% | $204,315↓20% | $750,154↑9% | — |
| 2014 | $101,706↑25% | $254,426↑3% | $690,025↓20% | — |
| 2013 | $81,672↓77% | $247,514↑41% | $865,200↓14% | — |
| 2012 | $357,466↑180% | $175,706↑21% | $1,003,548↓1% | — |
| 2011 | $127,590 | $145,600 | $1,017,147 | — |
Frequently Asked Questions
What does Northern Shores Loan Fund Inc do?▼
Northern Shores Loan Fund Inc is a community improvement & capacity building nonprofit organization based in Michigan. It is classified under NTEE code S43 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Northern Shores Loan Fund Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Northern Shores Loan Fund Inc.
How much revenue does Northern Shores Loan Fund Inc generate?▼
Northern Shores Loan Fund Inc reports $903K in annual revenue and holds $1.7M in total assets, based on IRS filings.
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