Independence Square Apartments Ii
Fort Gratiot, Michigan
DHealth Score
34D
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Poor
💰
$83K
Total Revenue
📊
$92K
Total Expenses
🏦
$167K
Net Assets
📋
$9K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+2.9%
Year-over-year change (2022 → 2023)
Net Margin
-11.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.81
Net assets divided by total expenses
Liabilities-to-Assets
4.8%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $82,796↑3% | $92,301↑2% | $175,947↓5% | |
| 2022 | $80,496↓26% | $90,482↓18% | $185,242↓7% | — |
| 2021 | $108,197↑48% | $109,741↑45% | $199,888↓12% | — |
| 2020 | $73,121↓7% | $75,803↓15% | $227,115↓5% | — |
| 2019 | $78,879↑24% | $89,542↑15% | $238,198↓11% | — |
| 2018 | $63,643 | $77,696↑10% | $266,605↓3% | — |
| 2017 | $63,417 | $70,536↓6% | $275,436↓4% | — |
| 2016 | $63,523 | $75,408↓38% | $286,349↓1% | — |
| 2015 | $63,566 | $121,189↑53% | $290,343↓5% | — |
| 2014 | $63,866↑9% | $79,248↑25% | $306,550↓2% | — |
| 2013 | $58,692↓2% | $63,294↓7% | $313,836↓4% | — |
| 2012 | $59,727↓4% | $68,110↑3% | $326,632↓3% | — |
| 2011 | $62,503 | $65,839 | $336,420 | — |
Frequently Asked Questions
What does Independence Square Apartments Ii do?▼
Independence Square Apartments Ii is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L22 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Independence Square Apartments Ii financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Independence Square Apartments Ii.
How much revenue does Independence Square Apartments Ii generate?▼
Independence Square Apartments Ii reports $67K in annual revenue and holds $167K in total assets, based on IRS filings.
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