Charlevoix Nursing Home Corporation
Charlevoix, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 2 peers in Health Care with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $8,940,536↑8% | $8,545,799↑6% | $9,516,778↓10% | — |
| 2022 | $8,276,982↓4% | $8,054,934↑6% | $10,615,212↑11% | — |
| 2021 | $8,591,010↑23% | $7,633,298↑13% | $9,527,911↑7% | — |
| 2020 | $6,975,048↓1% | $6,754,036↑1% | $8,946,298↑9% | — |
| 2019 | $7,031,071↑4% | $6,656,084↑5% | $8,219,100↑6% | — |
| 2018 | $6,730,174↑4% | $6,358,389↑4% | $7,725,810↑11% | — |
| 2017 | $6,475,691↑11% | $6,130,797↑11% | $6,947,856↑1% | — |
| 2016 | $5,818,647↑1% | $5,523,000↑4% | $6,910,032↑7% | — |
| 2015 | $5,742,296↑6% | $5,323,454↑9% | $6,453,611↑7% | — |
| 2014 | $5,400,635 | $4,890,826↑1% | $6,013,391↑8% | — |
| 2013 | $5,397,524↑47% | $4,861,164↑47% | $5,558,762↑11% | — |
| 2012 | $3,668,764↓24% | $3,300,256↓26% | $5,019,410↑36% | — |
| 2011 | $4,831,054↑6% | $4,437,278↑5% | $3,702,935↑7% | — |
| 2010 | $4,558,424 | $4,213,942 | $3,461,275 | — |
Frequently Asked Questions
What does Charlevoix Nursing Home Corporation do?▼
Charlevoix Nursing Home Corporation is a health care nonprofit organization based in Michigan. It is classified under NTEE code E91Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Charlevoix Nursing Home Corporation financially healthy?▼
Based on our 9-metric Financial Health Score model, Charlevoix Nursing Home Corporation has a score of 81/100 (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 Charlevoix Nursing Home Corporation generate?▼
Charlevoix Nursing Home Corporation reports $8.0M in annual revenue and holds $9.5M in total assets, based on IRS filings.
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