Detroit Friendship House Inc
Hamtramck, Michigan
BHealth Score
63B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
๐ฐ
$1.1M
Total Revenue
๐
$965K
Total Expenses
๐ฆ
$434K
Net Assets
๐
$45K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-22.2%
Year-over-year change (2022 โ 2023)
Net Margin
+13.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.45
Net assets divided by total expenses
Liabilities-to-Assets
9.4%
Total liabilities as % of total assets
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,113,148โ22% | $964,807โ31% | $479,353โ42% | โ |
| 2022 | $1,430,424 | $1,403,428โ1% | $336,699โ2% | โ |
| 2021 | $1,437,084โ2% | $1,384,336โ3% | $331,548โ44% | โ |
| 2020 | $1,403,177โ9% | $1,343,659โ12% | $230,378โ54% | โ |
| 2019 | $1,533,606โ10% | $1,522,180โ10% | $150,019โ25% | โ |
| 2018 | $1,697,295โ10% | $1,694,519โ8% | $119,826โ2% | โ |
| 2017 | $1,536,891โ1% | $1,570,572โ4% | $117,554โ33% | โ |
| 2016 | $1,526,557โ23% | $1,506,188โ25% | $174,261โ43% | โ |
| 2015 | $1,244,508โ791% | $1,205,773โ774% | $121,720โ217% | โ |
| 2013 | $139,752โ12% | $137,972โ28% | $38,409โ7% | โ |
| 2012 | $159,437โ4% | $191,968โ18% | $35,834โ46% | โ |
| 2011 | $153,714 | $162,103 | $65,953 | โ |
Frequently Asked Questions
What does Detroit Friendship House Inc do?โผ
Detroit Friendship House Inc is a human services nonprofit organization based in Michigan. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Detroit Friendship House Inc financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Detroit Friendship House Inc.
How much revenue does Detroit Friendship House Inc generate?โผ
Detroit Friendship House Inc reports $946K in annual revenue and holds $392K in total assets, based on IRS filings.
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