LHousing & ShelterEIN: 381366932· Ruling Year: 1939

Clark Retirement Community Inc

Grand Rapids, Michigan

B-Health Score
45B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

How This Organization Compares

Compared to 3 peers in Housing & Shelter with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.04×
Peer Median12.01×
💰
$24.0M
Total Revenue
📊
$27.5M
Total Expenses
🏦
$1.0M
Net Assets
📋
$92.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-3.2%
Year-over-year change (2022 → 2023)
Net Margin
-14.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.04
Net assets divided by total expenses
Liabilities-to-Assets
98.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$23,980,7603%$27,488,99717%$93,013,4484%
2022$24,769,74121%$33,029,87527%$96,787,228
2022$20,508,9274%$26,024,52314%$96,381,0644%
2021$19,739,35212%$22,927,7045%$100,230,5561%
2020$22,346,16313%$21,892,8702%$99,194,07877%
2019$19,839,63618%$22,432,5736%$55,985,56016%
2018$24,235,26011%$23,896,87017%$48,442,2152%
2017$27,359,0384%$28,775,235$47,677,8635%
2016$28,419,97810%$28,666,472$50,134,9035%
2015$31,574,18015%$28,726,71310%$52,792,8551%
2014$27,495,93912%$26,140,4939%$53,176,6318%
2013$24,547,6852%$24,022,5646%$49,360,1506%
2012$23,984,856$22,666,884$46,650,534

Frequently Asked Questions

What does Clark Retirement Community Inc do?

Clark Retirement Community Inc is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L220 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Clark Retirement Community Inc financially healthy?

Based on our 9-metric Financial Health Score model, Clark Retirement Community Inc has a score of 45/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Clark Retirement Community Inc generate?

Clark Retirement Community Inc reports $24.0M in annual revenue and holds $93.8M in total assets, based on IRS filings.

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