F โ€” Mental Health & Crisis InterventionEIN: 383325410ยท Ruling Year: 1997

Home Of New Vision

Ann Arbor, Michigan

BHealth Score
62B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

๐Ÿ’ฐ
$4.7M
Total Revenue
๐Ÿ“Š
$4.8M
Total Expenses
๐Ÿฆ
$1.2M
Net Assets
๐Ÿ“‹
$717K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2.2%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-2.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.24
Net assets divided by total expenses
Liabilities-to-Assets
38.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,685,148โ†‘2%$4,799,324โ†‘5%$1,879,717โ†“3%
2022$4,583,179โ†‘13%$4,565,145โ†‘10%$1,938,880โ†“10%
2021$4,063,554$4,167,487โ†‘18%$2,147,102โ†‘10%
2020$4,064,733โ†‘14%$3,546,057โ†‘3%$1,950,179โ†‘28%
2019$3,552,487โ†‘8%$3,454,825โ†‘7%$1,527,063โ†‘9%
2018$3,285,680โ†‘16%$3,231,869โ†‘16%$1,404,409โ†‘1%
2017$2,824,854โ†‘14%$2,786,444โ†‘17%$1,388,814
2016$2,468,702โ†‘8%$2,376,448โ†‘10%$1,389,181โ†‘4%
2015$2,294,052โ†‘9%$2,163,363โ†‘9%$1,339,805โ†‘15%
2014$2,096,232โ†“3%$1,985,899โ†“4%$1,161,619โ†‘107%
2013$2,169,555โ†‘2%$2,074,892โ†‘1%$561,709โ†‘11%
2012$2,130,374โ†‘5%$2,058,700โ†‘5%$506,785โ†‘7%
2011$2,028,585$1,965,965$474,690

Frequently Asked Questions

What does Home Of New Vision do?โ–ผ

Home Of New Vision is a mental health & crisis intervention nonprofit organization based in Michigan. It is classified under NTEE code F30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Home Of New Vision financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Home Of New Vision has a score of 62/100 (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 Home Of New Vision generate?โ–ผ

Home Of New Vision reports $4.7M in annual revenue and holds $1.6M in total assets, based on IRS filings.

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Home Of New Vision โ€” Ann Arbor, MI | GiveScope