Farmington-freedom Non-profit Housing Corporation
Farmington Hills, Michigan
B+Health Score
68B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
๐ฐ
$575K
Total Revenue
๐
$538K
Total Expenses
๐ฆ
$1.4M
Net Assets
๐
$85K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-2.6%
Year-over-year change (2022 โ 2023)
Net Margin
+6.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.56
Net assets divided by total expenses
Liabilities-to-Assets
5.8%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $575,395โ3% | $538,483โ12% | $1,466,011โ8% | |
| 2022 | $590,820โ6% | $480,327โ14% | $1,363,638โ10% | โ |
| 2021 | $631,727โ10% | $421,698โ2% | $1,241,181โ20% | โ |
| 2020 | $703,626โ37% | $428,577โ4% | $1,031,176โ32% | โ |
| 2019 | $515,463โ23% | $413,255โ3% | $779,999โ10% | โ |
| 2018 | $419,477โ1% | $427,979โ18% | $709,077โ5% | โ |
| 2017 | $422,527โ2% | $362,358โ2% | $745,957โ5% | โ |
| 2016 | $412,371โ3% | $356,663โ8% | $711,883โ4% | โ |
| 2015 | $401,380โ10% | $386,837โ16% | $686,545โ1% | โ |
| 2014 | $364,055โ1% | $334,847โ1% | $696,393โ2% | โ |
| 2013 | $367,168โ3% | $332,624โ2% | $682,920โ2% | โ |
| 2012 | $377,568โ4% | $326,098โ6% | $668,610โ5% | โ |
| 2011 | $394,374 | $345,607 | $635,091 | โ |
Frequently Asked Questions
What does Farmington-freedom Non-profit Housing Corporation do?โผ
Farmington-freedom Non-profit Housing Corporation is a unclassified nonprofit organization based in Michigan. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Farmington-freedom Non-profit Housing Corporation financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Farmington-freedom Non-profit Housing Corporation.
How much revenue does Farmington-freedom Non-profit Housing Corporation generate?โผ
Farmington-freedom Non-profit Housing Corporation reports $535K in annual revenue and holds $1.4M in total assets, based on IRS filings.
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