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
💰
$575K
Total Revenue
📊
$538K
Total Expenses
🏦
$1.4M
Net Assets
📋
$85K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-2.6%
Year-over-year change (2022 → 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 | $575,395↓3% | $538,483↑12% | $1,466,011↑8% | |
| 2022 | $590,820↓6% | $480,327↑14% | $1,363,638↑10% | — |
| 2021 | $631,727↓10% | $421,698↓2% | $1,241,181↑20% | — |
| 2020 | $703,626↑37% | $428,577↑4% | $1,031,176↑32% | — |
| 2019 | $515,463↑23% | $413,255↓3% | $779,999↑10% | — |
| 2018 | $419,477↓1% | $427,979↑18% | $709,077↓5% | — |
| 2017 | $422,527↑2% | $362,358↑2% | $745,957↑5% | — |
| 2016 | $412,371↑3% | $356,663↓8% | $711,883↑4% | — |
| 2015 | $401,380↑10% | $386,837↑16% | $686,545↓1% | — |
| 2014 | $364,055↓1% | $334,847↑1% | $696,393↑2% | — |
| 2013 | $367,168↓3% | $332,624↑2% | $682,920↑2% | — |
| 2012 | $377,568↓4% | $326,098↓6% | $668,610↑5% | — |
| 2011 | $394,374 | $345,607 | $635,091 | — |
Frequently Asked Questions
What does Farmington Freedom Non Profit Housing Corporation do?▼
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?▼
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?▼
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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