Forever Families
Livonia, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
11 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $3,913,636↑19% | $3,923,231↑23% | $1,676,548↓2% | — |
| 2022 | $3,300,009↑26% | $3,198,654↑24% | $1,717,108↑173% | — |
| 2021 | $2,618,891↑24% | $2,577,387↑27% | $628,083↑119% | — |
| 2019 | $2,103,800↑33% | $2,028,688↑34% | $287,423↑17% | — |
| 2017 | $1,581,256↑60% | $1,517,488↑59% | $245,692↑39% | — |
| 2016 | $988,953↑9% | $953,355↑8% | $176,736↑12% | — |
| 2015 | $910,706↑4% | $882,631↑7% | $157,205↓14% | — |
| 2014 | $879,416↑52% | $825,274↑48% | $182,434↑127% | — |
| 2013 | $577,024↑19% | $558,160↑31% | $80,280↑2% | — |
| 2012 | $485,162↑17% | $424,525↓3% | $78,325↑86% | — |
| 2011 | $415,388 | $438,641 | $42,167 | — |
Frequently Asked Questions
What does Forever Families do?▼
Forever Families is a human services nonprofit organization based in Michigan. It is classified under NTEE code P40 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Forever Families financially healthy?▼
Based on our 9-metric Financial Health Score model, Forever Families has a score of 60/100 (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 Forever Families generate?▼
Forever Families reports $3.6M in annual revenue and holds $1.5M in total assets, based on IRS filings.
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