ZUnclassifiedEIN: 381419460· Ruling Year: 1953

Michigan Home For The Armenian Aged Inc

Livonia, Michigan

B-Health Score
47B-

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 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.82×
Peer Median15.40×
💰
$2.5M
Total Revenue
📊
$2.8M
Total Expenses
🏦
$2.3M
Net Assets
📋
$2.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+13.4%
Year-over-year change (2022 → 2023)
Net Margin
-14.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.82
Net assets divided by total expenses
Liabilities-to-Assets
46.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,470,94513%$2,827,6426%$4,307,8475%
2022$2,178,39715%$2,675,4983%$4,512,5858%
2021$2,572,8933%$2,744,88212%$4,882,2391%
2020$2,664,7958%$3,120,63816%$4,917,6622%
2019$2,475,2662%$2,694,9366%$5,027,6465%
2018$2,526,2698%$2,546,0693%$5,265,3363%
2017$2,346,3235%$2,473,8953%$5,413,2923%
2016$2,233,1022%$2,394,2712%$5,580,899
2015$2,185,87212%$2,337,89814%$5,580,0834%
2014$1,947,4393%$2,044,7988%$5,807,364120%
2013$2,017,2856%$1,898,63710%$2,633,8275%
2012$1,906,99612%$1,723,6653%$2,500,0898%
2011$1,706,483$1,679,665$2,319,162

Frequently Asked Questions

What does Michigan Home For The Armenian Aged Inc do?

Michigan Home For The Armenian Aged Inc is a unclassified nonprofit organization based in Michigan. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Michigan Home For The Armenian Aged Inc financially healthy?

Based on our 9-metric Financial Health Score model, Michigan Home For The Armenian Aged Inc has a score of 47/100 (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 Michigan Home For The Armenian Aged Inc generate?

Michigan Home For The Armenian Aged Inc reports $2.7M in annual revenue and holds $4.0M in total assets, based on IRS filings.

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