L โ€” Housing & ShelterEIN: 382445944ยท Ruling Year: 2008

Southgate Non Profit Housing Corporation

Warren, Michigan

CHealth Score
44C

Financial Health Score

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

Below Average

๐Ÿ’ฐ
$2.3M
Total Revenue
๐Ÿ“Š
$2.1M
Total Expenses
๐Ÿฆ
-$3.7M
Net Assets
๐Ÿ“‹
$8.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.3%
Year-over-year change (2023 โ†’ 2024)
Net Margin
+8.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
-1.76
Net assets divided by total expenses
Liabilities-to-Assets
178.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$2,289,834โ†‘5%$2,091,470โ†‘2%$4,720,650โ†“2%
2023$2,175,278โ†‘4%$2,049,884โ†‘10%$4,794,352โ†‘4%
2022$2,099,614โ†‘2%$1,857,801โ†“2%$4,621,490โ†“4%
2021$2,057,804โ†“2%$1,899,153โ†‘4%$4,799,475โ†‘1%
2020$2,092,177โ†‘3%$1,824,130$4,745,300
2019$2,026,583โ†‘1%$1,820,595โ†“2%$4,735,847โ†“1%
2018$2,000,521โ†“1%$1,851,736โ†‘1%$4,802,248โ†“3%
2017$2,015,024โ†‘2%$1,837,869โ†“5%$4,959,227โ†“4%
2016$1,974,592โ†‘1%$1,932,558โ†“2%$5,157,335โ†‘1%
2015$1,964,223$1,979,770โ†‘1%$5,089,690โ†“3%
2014$1,959,529โ†‘9%$1,959,126โ†‘4%$5,263,836โ†“7%
2013$1,796,621โ†‘3%$1,877,768โ†‘4%$5,689,314โ†‘2%
2012$1,750,571$1,805,764$5,570,141

Frequently Asked Questions

What does Southgate Non Profit Housing Corporation do?โ–ผ

Southgate Non Profit Housing Corporation is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L21 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Southgate Non Profit Housing Corporation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Southgate Non Profit Housing Corporation has a score of 44/100 (Grade: C). 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 Southgate Non Profit Housing Corporation generate?โ–ผ

Southgate Non Profit Housing Corporation reports $2.4M in annual revenue and holds $4.5M in total assets, based on IRS filings.

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Southgate Non Profit Housing Corporation โ€” Warren, MI | GiveScope