Area Agency On Aging Of Western Michigan Inc
Grand Rapids, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 15 peers in Human Services with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $61,020,846↑7% | $64,016,483↑12% | $19,037,669↓9% | — |
| 2022 | $57,077,059↑2% | $57,302,896↑7% | $21,031,241↑1% | — |
| 2021 | $55,691,217↑11% | $53,572,346↑5% | $20,743,900 | — |
| 2020 | $49,974,694↑9% | $51,026,863↑10% | $20,780,138↑11% | — |
| 2019 | $46,031,204↑3% | $46,391,761↑8% | $18,698,820↓1% | — |
| 2018 | $44,692,198↑6% | $43,143,605↑3% | $18,879,199↑14% | — |
| 2017 | $42,337,684↑2% | $41,888,515↑3% | $16,607,589↓2% | — |
| 2016 | $41,529,995↑4% | $40,580,781↑10% | $16,908,386↑3% | — |
| 2015 | $40,100,488↑19% | $37,000,980↑18% | $16,340,498↑4% | — |
| 2014 | $33,788,547↑18% | $31,382,102↑10% | $15,682,398↑16% | — |
| 2013 | $28,562,800↑5% | $28,613,747↑6% | $13,464,416↑20% | — |
| 2012 | $27,248,471↑3% | $26,888,521↑5% | $11,266,244↑12% | — |
| 2011 | $26,430,455 | $25,589,285 | $10,048,746 | — |
Frequently Asked Questions
What does Area Agency On Aging Of Western Michigan Inc do?▼
Area Agency On Aging Of Western Michigan Inc 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 Area Agency On Aging Of Western Michigan Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Area Agency On Aging Of Western Michigan Inc has a score of 56/100 (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 Area Agency On Aging Of Western Michigan Inc generate?▼
Area Agency On Aging Of Western Michigan Inc reports $67.3M in annual revenue and holds $17.5M in total assets, based on IRS filings.
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