Neighborhood Apartments Inc
Portage, Michigan
B-Health Score
53B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$511K
Total Revenue
📊
$517K
Total Expenses
🏦
$284K
Net Assets
📋
$1.5M
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+5.7%
Year-over-year change (2022 → 2023)
Net Margin
-1.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.55
Net assets divided by total expenses
Liabilities-to-Assets
84.2%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $510,728↑6% | $517,293↓7% | $1,797,440↓3% | |
| 2022 | $482,987 | $557,497↑22% | $1,850,914↓8% | — |
| 2021 | $483,837↑6% | $456,302↑21% | $2,001,694↓20% | — |
| 2020 | $456,801↑1% | $376,182↓7% | $2,511,955↑203% | — |
| 2019 | $452,590↑1% | $405,943↑2% | $829,739↓4% | — |
| 2018 | $448,218↑3% | $399,424↑21% | $860,976↑9% | — |
| 2017 | $435,544 | $330,450↓22% | $792,897↑11% | — |
| 2016 | $435,101↑2% | $421,930↑3% | $714,786↓23% | — |
| 2015 | $426,958↑1% | $409,933↑13% | $930,214↑1% | — |
| 2014 | $423,635↑2% | $364,235↓8% | $923,698↑4% | — |
| 2013 | $415,944↑1% | $397,661↑11% | $885,235↑2% | — |
| 2012 | $410,327↑4% | $358,213↑3% | $866,637↑4% | — |
| 2011 | $396,350 | $348,060 | $833,650 | — |
Frequently Asked Questions
What does Neighborhood Apartments Inc do?▼
Neighborhood Apartments Inc is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L20Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Neighborhood Apartments Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Neighborhood Apartments Inc.
How much revenue does Neighborhood Apartments Inc generate?▼
Neighborhood Apartments Inc reports $523K in annual revenue and holds $1.8M in total assets, based on IRS filings.
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