K — Food, Agriculture & NutritionEIN: 382033822· Ruling Year: 1955

Agewell Services Of W Michigan

Muskegon, Michigan

B+Health Score
70B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

💰
$4.7M
Total Revenue
📊
$5.1M
Total Expenses
🏦
$1.2M
Net Assets
📋
$409K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-15.4%
Year-over-year change (2022 → 2023)
Net Margin
-7.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.24
Net assets divided by total expenses
Liabilities-to-Assets
25.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,698,883↓15%$5,055,004↑1%$1,600,514↓20%
2022$5,552,119↑20%$4,982,632↑17%$1,997,998↑35%
2021$4,620,320↑13%$4,250,057↑5%$1,475,473↑10%
2020$4,079,956↑10%$4,044,439↑9%$1,344,308↑53%
2019$3,723,750↑5%$3,697,415↑4%$876,814↑10%
2018$3,552,447↑8%$3,543,418↑3%$799,297↑6%
2017$3,292,665↑6%$3,449,110↑9%$752,711↓57%
2016$3,119,643↑7%$3,170,947↑11%$1,752,096↓8%
2015$2,916,932↑6%$2,868,375↑11%$1,910,932↓2%
2014$2,741,855↑2%$2,594,785↓3%$1,948,070↓1%
2013$2,692,240↑6%$2,670,496↑1%$1,965,975↓2%
2012$2,531,849↑3%$2,645,686↑5%$2,013,023↓6%
2011$2,460,087$2,521,658$2,133,024

Frequently Asked Questions

What does Agewell Services Of W Michigan do?▼

Agewell Services Of W Michigan is a food, agriculture & nutrition nonprofit organization based in Michigan. It is classified under NTEE code K34Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Agewell Services Of W Michigan financially healthy?▼

Based on our 9-metric Financial Health Score model, Agewell Services Of W Michigan has a score of 70/100 (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 Agewell Services Of W Michigan generate?▼

Agewell Services Of W Michigan reports $4.4M in annual revenue and holds $1.3M in total assets, based on IRS filings.

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