Life Skills Centers Inc
Marine City, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $5,622,427โ9% | $5,370,256โ4% | $6,024,903โ2% | |
| 2022 | $5,151,914โ2% | $5,147,161โ24% | $5,879,860 | โ |
| 2021 | $5,264,696โ4% | $4,163,398โ19% | $5,882,620โ23% | โ |
| 2020 | $5,049,492โ29% | $5,153,943โ26% | $4,779,310โ5% | โ |
| 2019 | $7,097,480โ1% | $6,997,725โ12% | $5,055,759โ13% | โ |
| 2018 | $7,015,738โ3% | $6,269,680โ1% | $4,480,407โ20% | โ |
| 2017 | $6,836,862โ5% | $6,179,667โ1% | $3,726,142โ17% | โ |
| 2016 | $6,541,127โ5% | $6,107,292โ4% | $3,192,195โ10% | โ |
| 2015 | $6,236,809 | $5,847,248โ3% | $2,898,445โ30% | โ |
| 2014 | $6,253,941โ1% | $6,037,661โ4% | $2,226,668โ23% | โ |
| 2013 | $6,206,252โ2% | $6,298,589โ1% | $1,809,378โ12% | โ |
| 2012 | $6,328,322โ5% | $6,207,822โ7% | $2,067,357โ1% | โ |
| 2011 | $6,037,044 | $5,802,147 | $2,093,655 | โ |
Frequently Asked Questions
What does Life Skills Centers Inc do?โผ
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?โผ
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?โผ
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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