Midland Area Homes Inc
Midland, Michigan
B+Health Score
65B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$1.2M
Total Revenue
📊
$1.2M
Total Expenses
🏦
$1.4M
Net Assets
📋
$18K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-66.7%
Year-over-year change (2022 → 2023)
Net Margin
+7.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.22
Net assets divided by total expenses
Liabilities-to-Assets
1.3%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,237,956↓67% | $1,151,808↓72% | $1,418,743↑7% | |
| 2022 | $3,716,670↑15% | $4,046,536↑53% | $1,332,023↓23% | — |
| 2021 | $3,230,431↑227% | $2,647,206↑184% | $1,720,320↑48% | — |
| 2020 | $986,641↑19% | $933,247↑34% | $1,163,044↑9% | — |
| 2019 | $830,745↓33% | $693,989↑8% | $1,066,545↑15% | — |
| 2018 | $1,233,927↑83% | $641,411↓8% | $930,976↑173% | — |
| 2017 | $675,839 | $697,968 | $341,054↓22% | — |
| 2016 | $0↓100% | $0↓100% | $435,122↓3% | — |
| 2015 | $636,156↑7% | $639,103↑20% | $449,524↓7% | — |
| 2014 | $594,212↑9% | $530,872↑4% | $481,108↑16% | — |
| 2013 | $546,741↑14% | $508,060↑4% | $415,666↑15% | — |
| 2012 | $478,397↓19% | $490,577↓17% | $362,885 | — |
| 2011 | $588,001 | $593,053 | $364,228 | — |
Frequently Asked Questions
What does Midland Area Homes Inc do?▼
Midland Area Homes Inc is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L81Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Midland Area Homes Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Midland Area Homes Inc.
How much revenue does Midland Area Homes Inc generate?▼
Midland Area Homes Inc reports $1.2M in annual revenue and holds $1.5M in total assets, based on IRS filings.
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