Elite Alternatives Inc
Auburn Hills, 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
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,025,465↓9% | $3,715,874↓2% | $2,521,028↑14% | |
| 2022 | $4,444,657↑2% | $3,789,188↑4% | $2,217,325↑31% | — |
| 2021 | $4,374,423↑19% | $3,646,595↑4% | $1,694,759↑79% | — |
| 2020 | $3,660,788↑16% | $3,490,631↑14% | $947,463↑28% | — |
| 2019 | $3,168,996↓6% | $3,062,667↓8% | $738,000↑15% | — |
| 2018 | $3,360,234↓11% | $3,324,460↓13% | $641,526↓1% | — |
| 2017 | $3,764,860↓1% | $3,819,005↓4% | $648,797↓7% | — |
| 2016 | $3,806,326↓3% | $3,991,858↓5% | $699,797↓27% | — |
| 2015 | $3,908,810↓12% | $4,208,712↓5% | $962,662↓23% | — |
| 2014 | $4,444,967↑12% | $4,451,626↑14% | $1,253,164↑4% | — |
| 2012 | $3,961,584↓2% | $3,895,888↑2% | $1,199,650↑9% | — |
| 2011 | $4,029,355 | $3,836,883 | $1,098,524 | — |
Frequently Asked Questions
What does Elite Alternatives Inc do?▼
Elite Alternatives Inc is a human services nonprofit organization based in Michigan. It is classified under NTEE code P730 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Elite Alternatives Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Elite Alternatives Inc has a score of 68/100 (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 Elite Alternatives Inc generate?▼
Elite Alternatives Inc reports $3.1M in annual revenue and holds $2.7M in total assets, based on IRS filings.
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