PHuman ServicesEIN: 382327011· Ruling Year: 1981

Lake Superior Hospice Association Inc

Marquette, Michigan

BHealth Score
56B

Financial Health Score

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

Above Average

💰
$2.5M
Total Revenue
📊
$2.5M
Total Expenses
🏦
$753K
Net Assets
📋
$540K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-3.2%
Year-over-year change (2022 → 2023)
Net Margin
-1.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.30
Net assets divided by total expenses
Liabilities-to-Assets
41.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,480,1683%$2,505,8124%$1,293,4681%
2022$2,563,30613%$2,608,79334%$1,304,4515%
2021$2,269,63818%$1,945,7008%$1,245,89437%
2020$1,918,10510%$1,799,62117%$910,7074%
2019$2,119,7962%$2,169,7368%$873,25525%
2018$2,074,91929%$2,010,60729%$1,171,8131%
2017$1,605,06812%$1,559,15718%$1,157,15212%
2016$1,830,5032%$1,893,7834%$1,034,98010%
2015$1,867,52521%$1,817,23717%$942,9517%
2014$1,542,65711%$1,558,10514%$1,017,09713%
2013$1,386,66928%$1,810,35917%$897,75331%
2012$1,914,4421%$2,176,08822%$1,297,4249%
2011$1,897,344$1,784,309$1,426,315

Frequently Asked Questions

What does Lake Superior Hospice Association Inc do?

Lake Superior Hospice Association Inc is a human services nonprofit organization based in Michigan. It is classified under NTEE code P74Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lake Superior Hospice Association Inc financially healthy?

Based on our 9-metric Financial Health Score model, Lake Superior Hospice Association 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 Lake Superior Hospice Association Inc generate?

Lake Superior Hospice Association Inc reports $2.8M in annual revenue and holds $1.4M in total assets, based on IRS filings.

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