P โ€” Human ServicesEIN: 383412103ยท Ruling Year: 1999

Adult Learning Systems-lower Michigan Inc

Ann Arbor, Michigan

B+Health Score
65B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$7.9M
Total Revenue
๐Ÿ“Š
$7.5M
Total Expenses
๐Ÿฆ
$4.9M
Net Assets
๐Ÿ“‹
$678K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-1.8%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+5.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.65
Net assets divided by total expenses
Liabilities-to-Assets
12.2%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$7,936,714โ†“2%$7,500,861โ†“3%$5,542,327โ†‘8%
2022$8,079,439$7,724,438โ†‘9%$5,122,150โ†‘1%
2021$8,043,942โ†‘17%$7,118,878$5,050,884
2020$6,897,157โ†‘14%$7,130,585โ†‘17%$5,050,297โ†‘33%
2019$6,075,731โ†“3%$6,103,695$3,811,005โ†“6%
2018$6,242,399โ†“14%$6,110,616โ†“14%$4,062,725โ†‘5%
2016$7,259,024โ†“7%$7,102,692โ†“8%$3,875,864โ†‘4%
2015$7,835,239โ†‘6%$7,700,342โ†‘6%$3,715,419โ†‘1%
2014$7,377,563โ†“1%$7,243,022$3,682,628โ†“3%
2013$7,476,937โ†‘6%$7,224,476โ†‘7%$3,796,994โ†‘15%
2012$7,060,190โ†‘5%$6,754,062โ†‘5%$3,312,761โ†‘16%
2011$6,693,007$6,439,235$2,864,281

Frequently Asked Questions

What does Adult Learning Systems-lower Michigan Inc do?โ–ผ

Adult Learning Systems-lower Michigan Inc is a human services nonprofit organization based in Michigan. It is classified under NTEE code P70 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Adult Learning Systems-lower Michigan Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Adult Learning Systems-lower Michigan Inc has a score of 65/100 (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 Adult Learning Systems-lower Michigan Inc generate?โ–ผ

Adult Learning Systems-lower Michigan Inc reports $8.6M in annual revenue and holds $6.2M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Human Services category, or browse all nonprofits in Michigan.

Adult Learning Systems-lower Michigan Inc โ€” Ann Arbor, MI | GiveScope