Rachel Sovereign Memorial Home
Bay City, Michigan
B+Health Score
70B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$854K
Total Revenue
📊
$852K
Total Expenses
🏦
$840K
Net Assets
📋
$29K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-0.6%
Year-over-year change (2022 → 2023)
Net Margin
+0.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.99
Net assets divided by total expenses
Liabilities-to-Assets
3.3%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $853,803↓1% | $851,520↑6% | $868,913↑2% | |
| 2022 | $858,712↑32% | $804,711↑21% | $853,016↓12% | — |
| 2021 | $648,692 | $665,494↑8% | $969,784↑10% | — |
| 2020 | $648,628↑38% | $615,566↑14% | $883,680↑6% | — |
| 2019 | $468,645↑2% | $539,478 | $836,642↓4% | — |
| 2018 | $459,224↑4% | $541,521↑6% | $870,797↓16% | — |
| 2017 | $442,504↓13% | $509,186↓4% | $1,034,137↓1% | — |
| 2016 | $508,219↓5% | $531,622↓1% | $1,042,630↓3% | — |
| 2015 | $537,463↑23% | $536,250↑7% | $1,079,154↓6% | — |
| 2014 | $435,550↓22% | $502,503↓5% | $1,142,972↓8% | — |
| 2013 | $557,983↑10% | $530,627↑7% | $1,247,428↑8% | — |
| 2012 | $505,063↑4% | $493,657 | $1,152,525↑4% | — |
| 2011 | $487,835 | $495,114 | $1,106,987 | — |
Frequently Asked Questions
What does Rachel Sovereign Memorial Home do?▼
Rachel Sovereign Memorial Home is a human services nonprofit organization based in Michigan. It is classified under NTEE code P75Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Rachel Sovereign Memorial Home financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Rachel Sovereign Memorial Home.
How much revenue does Rachel Sovereign Memorial Home generate?▼
Rachel Sovereign Memorial Home reports $926K in annual revenue and holds $1.0M in total assets, based on IRS filings.
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