J โ€” EmploymentEIN: 382480541ยท Ruling Year: 1984

Life Skills Centers Inc

Marine City, Michigan

B+Health Score
74B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$5.6M
Total Revenue
๐Ÿ“Š
$5.4M
Total Expenses
๐Ÿฆ
$5.2M
Net Assets
๐Ÿ“‹
$778K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+9.1%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+4.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.98
Net assets divided by total expenses
Liabilities-to-Assets
12.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$5,622,427โ†‘9%$5,370,256โ†‘4%$6,024,903โ†‘2%
2022$5,151,914โ†“2%$5,147,161โ†‘24%$5,879,860
2021$5,264,696โ†‘4%$4,163,398โ†“19%$5,882,620โ†‘23%
2020$5,049,492โ†“29%$5,153,943โ†“26%$4,779,310โ†“5%
2019$7,097,480โ†‘1%$6,997,725โ†‘12%$5,055,759โ†‘13%
2018$7,015,738โ†‘3%$6,269,680โ†‘1%$4,480,407โ†‘20%
2017$6,836,862โ†‘5%$6,179,667โ†‘1%$3,726,142โ†‘17%
2016$6,541,127โ†‘5%$6,107,292โ†‘4%$3,192,195โ†‘10%
2015$6,236,809$5,847,248โ†“3%$2,898,445โ†‘30%
2014$6,253,941โ†‘1%$6,037,661โ†“4%$2,226,668โ†‘23%
2013$6,206,252โ†“2%$6,298,589โ†‘1%$1,809,378โ†“12%
2012$6,328,322โ†‘5%$6,207,822โ†‘7%$2,067,357โ†“1%
2011$6,037,044$5,802,147$2,093,655

Frequently Asked Questions

What does Life Skills Centers Inc do?โ–ผ

Life Skills Centers Inc is a employment nonprofit organization based in Michigan. It is classified under NTEE code J30Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Life Skills Centers Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Life Skills Centers Inc has a score of 74/100 (Grade: B+). 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 Life Skills Centers Inc generate?โ–ผ

Life Skills Centers Inc reports $5.4M in annual revenue and holds $6.1M in total assets, based on IRS filings.

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Life Skills Centers Inc โ€” Marine City, MI | GiveScope