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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