Truenorth Center For Nonprofit Housing
Fremont, Michigan
B-Health Score
53B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$747K
Total Revenue
📊
$812K
Total Expenses
🏦
$870K
Net Assets
📋
$414K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+61.6%
Year-over-year change (2022 → 2023)
Net Margin
-8.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.07
Net assets divided by total expenses
Liabilities-to-Assets
32.2%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $747,463↑62% | $811,742↑51% | $1,283,600↑25% | — |
| 2022 | $462,627↑1% | $536,552↑9% | $1,027,094↓13% | — |
| 2021 | $459,262↑13% | $493,736↑12% | $1,181,501↑8% | — |
| 2020 | $406,990↑20% | $439,066↑26% | $1,095,826↑2% | — |
| 2019 | $338,686↑284% | $349,614↑60% | $1,078,600↑1% | — |
| 2018 | -$183,853↓164% | $218,514↓28% | $1,069,150↓28% | — |
| 2017 | $287,855↑13% | $303,894↓26% | $1,492,587↓4% | — |
| 2016 | $254,378↓19% | $408,010↓10% | $1,562,842↓5% | — |
| 2015 | $312,717↓31% | $454,564↓22% | $1,652,221↓13% | — |
| 2014 | $456,145↓26% | $582,840↓16% | $1,892,430↓1% | — |
| 2013 | $616,036↓10% | $694,268↓8% | $1,915,712↓5% | — |
| 2012 | $684,224↑15% | $755,521↓3% | $2,006,213↓3% | — |
| 2011 | $592,725 | $777,031 | $2,076,386 | — |
Frequently Asked Questions
What does Truenorth Center For Nonprofit Housing do?▼
Truenorth Center For Nonprofit Housing is a unclassified nonprofit organization based in Michigan. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Truenorth Center For Nonprofit Housing financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Truenorth Center For Nonprofit Housing.
How much revenue does Truenorth Center For Nonprofit Housing generate?▼
Truenorth Center For Nonprofit Housing reports $120K in annual revenue and holds $1.0M in total assets, based on IRS filings.
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