Friends Together
Alpena, Michigan
A-Health Score
77A-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Very Good
💰
$618K
Total Revenue
📊
$593K
Total Expenses
🏦
$312K
Net Assets
📋
$20K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+55.0%
Year-over-year change (2022 → 2023)
Net Margin
+4.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.53
Net assets divided by total expenses
Liabilities-to-Assets
6.1%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $617,965↑55% | $592,922↑45% | $331,643↑13% | |
| 2022 | $398,795↓15% | $408,044↑23% | $292,748↓5% | — |
| 2021 | $470,079↑29% | $331,703↑5% | $306,902↑64% | — |
| 2020 | $365,186↑7% | $315,043↓8% | $187,344↑79% | — |
| 2019 | $341,435↑13% | $344,188↓2% | $104,887↓4% | — |
| 2018 | $301,519↓2% | $350,709↑15% | $108,823↓29% | — |
| 2017 | $307,490 | $306,090 | $154,263↑4% | — |
| 2016 | $308,276↑1% | $306,996↑4% | $147,709↓4% | — |
| 2015 | $305,696↑39% | $295,617↑38% | $154,194↑14% | — |
| 2014 | $220,304↓13% | $213,473↑19% | $134,919↑11% | — |
| 2013 | $253,745↑62% | $178,855↑5% | $121,415↑127% | — |
| 2012 | $156,338↑60% | $170,729↑22% | $53,589↓17% | — |
| 2011 | $97,903 | $139,853 | $64,529 | — |
Frequently Asked Questions
What does Friends Together do?▼
Friends Together is a human services nonprofit organization based in Michigan. It is classified under NTEE code P80 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Friends Together financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Friends Together.
How much revenue does Friends Together generate?▼
Friends Together reports $531K in annual revenue and holds $269K in total assets, based on IRS filings.
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