NRecreation & SportsEIN: 382684772· Ruling Year: 1986

The Parade Company

Detroit, Michigan

AHealth Score
85A

Financial Health Score

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

Excellent

💰
$5.7M
Total Revenue
📊
$3.9M
Total Expenses
🏦
$7.6M
Net Assets
📋
$89K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-10.4%
Year-over-year change (2023 → 2024)
Net Margin
+31.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.97
Net assets divided by total expenses
Liabilities-to-Assets
1.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$5,658,34010%$3,864,34319%$7,706,72625%
2023$6,315,90093%$3,251,174$6,141,54686%
2022$3,267,08026%$3,261,11258%$3,309,1936%
2021$2,591,76916%$2,057,52835%$3,504,51711%
2020$3,096,9629%$3,146,7744%$3,155,81017%
2019$2,832,1306%$3,261,7653%$3,824,42513%
2018$3,011,6052%$3,166,2344%$4,399,850
2017$2,959,57743%$3,290,93235%$4,416,5609%
2016$5,214,2944%$5,093,4303%$4,831,9791%
2015$5,443,9198%$4,937,4166%$4,879,3657%
2014$5,036,82010%$5,250,74010%$4,541,5415%
2013$4,598,6089%$4,752,6559%$4,786,1746%
2012$4,221,615$4,361,515$5,100,325

Frequently Asked Questions

What does The Parade Company do?

The Parade Company is a recreation & sports nonprofit organization based in Michigan. It is classified under NTEE code N520 and is registered as a 501(c) tax-exempt organization with the IRS.

Is The Parade Company financially healthy?

Based on our 9-metric Financial Health Score model, The Parade Company has a score of 85/100 (Grade: A). 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 The Parade Company generate?

The Parade Company reports $6.5M in annual revenue and holds $9.8M in total assets, based on IRS filings.

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