PHuman ServicesEIN: 382048765· Ruling Year: 1988

Senior Resources Of West Michigan

Norton Shores, Michigan

B-Health Score
47B-

Financial Health Score

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

Average

How This Organization Compares

Compared to 15 peers in Human Services with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.08×
Peer Median7.39×
💰
$32.7M
Total Revenue
📊
$34.7M
Total Expenses
🏦
$2.8M
Net Assets
📋
$3.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-0.1%
Year-over-year change (2022 → 2023)
Net Margin
-6.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.08
Net assets divided by total expenses
Liabilities-to-Assets
57.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$32,715,767$34,674,7264%$6,672,83226%
2022$32,747,61213%$33,206,97611%$9,040,002
2021$28,896,0082%$29,993,4253%$9,048,6506%
2020$28,199,5346%$29,150,2578%$9,630,9723%
2019$26,666,0803%$27,083,5479%$9,882,1412%
2018$25,767,01515%$24,939,40212%$10,053,93912%
2017$22,453,5996%$22,234,9876%$8,970,0318%
2016$21,190,7884%$20,880,0297%$8,279,2491%
2015$20,398,81714%$19,425,74417%$8,160,20713%
2014$17,967,28215%$16,570,1559%$9,431,57319%
2013$15,675,44415%$15,146,12614%$7,948,96941%
2012$13,678,4729%$13,264,6529%$5,637,13420%
2011$12,596,168$12,218,337$4,714,891

Frequently Asked Questions

What does Senior Resources Of West Michigan do?

Senior Resources Of West Michigan is a human services nonprofit organization based in Michigan. It is classified under NTEE code P81Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Senior Resources Of West Michigan financially healthy?

Based on our 9-metric Financial Health Score model, Senior Resources Of West Michigan has a score of 47/100 (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 Senior Resources Of West Michigan generate?

Senior Resources Of West Michigan reports $33.4M in annual revenue and holds $5.8M in total assets, based on IRS filings.

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