K โ€” Food, Agriculture & NutritionEIN: 382033822ยท 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

๐Ÿ’ฐ
$4.7M
Total Revenue
๐Ÿ“Š
$5.1M
Total Expenses
๐Ÿฆ
$1.2M
Net Assets
๐Ÿ“‹
$409K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-15.4%
Year-over-year change (2022 โ†’ 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$4,698,883โ†“15%$5,055,004โ†‘1%$1,600,514โ†“20%
2022$5,552,119โ†‘20%$4,982,632โ†‘17%$1,997,998โ†‘35%
2021$4,620,320โ†‘13%$4,250,057โ†‘5%$1,475,473โ†‘10%
2020$4,079,956โ†‘10%$4,044,439โ†‘9%$1,344,308โ†‘53%
2019$3,723,750โ†‘5%$3,697,415โ†‘4%$876,814โ†‘10%
2018$3,552,447โ†‘8%$3,543,418โ†‘3%$799,297โ†‘6%
2017$3,292,665โ†‘6%$3,449,110โ†‘9%$752,711โ†“57%
2016$3,119,643โ†‘7%$3,170,947โ†‘11%$1,752,096โ†“8%
2015$2,916,932โ†‘6%$2,868,375โ†‘11%$1,910,932โ†“2%
2014$2,741,855โ†‘2%$2,594,785โ†“3%$1,948,070โ†“1%
2013$2,692,240โ†‘6%$2,670,496โ†‘1%$1,965,975โ†“2%
2012$2,531,849โ†‘3%$2,645,686โ†‘5%$2,013,023โ†“6%
2011$2,460,087$2,521,658$2,133,024

Frequently Asked Questions

What does Agewell Services Of W Michigan do?โ–ผ

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?โ–ผ

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?โ–ผ

Agewell Services Of W Michigan reports $4.6M in annual revenue and holds $1.5M in total assets, based on IRS filings.

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Agewell Services Of W Michigan โ€” Muskegon, MI | GiveScope