Michigan Home For The Armenian Aged Inc
Livonia, Michigan
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)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,470,945↑13% | $2,827,642↑6% | $4,307,847↓5% | — |
| 2022 | $2,178,397↓15% | $2,675,498↓3% | $4,512,585↓8% | — |
| 2021 | $2,572,893↓3% | $2,744,882↓12% | $4,882,239↓1% | — |
| 2020 | $2,664,795↑8% | $3,120,638↑16% | $4,917,662↓2% | — |
| 2019 | $2,475,266↓2% | $2,694,936↑6% | $5,027,646↓5% | — |
| 2018 | $2,526,269↑8% | $2,546,069↑3% | $5,265,336↓3% | — |
| 2017 | $2,346,323↑5% | $2,473,895↑3% | $5,413,292↓3% | — |
| 2016 | $2,233,102↑2% | $2,394,271↑2% | $5,580,899 | — |
| 2015 | $2,185,872↑12% | $2,337,898↑14% | $5,580,083↓4% | — |
| 2014 | $1,947,439↓3% | $2,044,798↑8% | $5,807,364↑120% | — |
| 2013 | $2,017,285↑6% | $1,898,637↑10% | $2,633,827↑5% | — |
| 2012 | $1,906,996↑12% | $1,723,665↑3% | $2,500,089↑8% | — |
| 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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