SCommunity Improvement & Capacity BuildingEIN: 382380236· Ruling Year: 2008

Lapeer Development Corporation

Lapeer, Michigan

DHealth Score
33D

Financial Health Score

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

Poor

💰
$178K
Total Revenue
📊
$233K
Total Expenses
🏦
$697K
Net Assets
📋
$18K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-0.2%
Year-over-year change (2022 → 2023)
Net Margin
-30.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.99
Net assets divided by total expenses
Liabilities-to-Assets
2.5%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$178,301$232,706$714,5556%
2022$178,65126%$231,96723%$763,9976%
2021$240,1158%$188,21912%$810,1643%
2020$222,6282%$213,5003%$788,0085%
2019$218,3134%$221,20711%$747,1531%
2018$209,1146%$199,2541%$751,1692%
2017$196,9215%$200,2564%$739,686
2016$207,7397%$192,2986%$742,876
2015$194,0764%$181,08447%$740,1193%
2014$186,70616%$343,200134%$717,00018%
2013$161,2318%$146,6724%$871,871
2012$175,889$141,512$876,060

Frequently Asked Questions

What does Lapeer Development Corporation do?

Lapeer Development Corporation is a community improvement & capacity building nonprofit organization based in Michigan. It is classified under NTEE code S30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lapeer Development Corporation financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Lapeer Development Corporation.

How much revenue does Lapeer Development Corporation generate?

Lapeer Development Corporation reports $448K in annual revenue and holds $947K in total assets, based on IRS filings.

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