Family Promise
Coldwater, Michigan
BHealth Score
56B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
๐ฐ
$98K
Total Revenue
๐
$109K
Total Expenses
๐ฆ
$4K
Net Assets
๐
$740
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-37.0%
Year-over-year change (2021 โ 2022)
Net Margin
-11.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.03
Net assets divided by total expenses
Liabilities-to-Assets
16.6%
Total liabilities as % of total assets
Filing History
11 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2022 | $98,442โ37% | $109,344โ30% | $4,457โ74% | โ |
| 2021 | $156,216โ189% | $155,430โ263% | $16,930โ22% | โ |
| 2020 | $54,048โ7566% | $42,857 | $13,833โ1383200% | โ |
| 2018 | $705โ99% | $0โ100% | $1โ100% | โ |
| 2017 | $80,661โ21% | $86,631โ12% | $116,714โ6% | โ |
| 2016 | $66,883โ6% | $77,385โ12% | $123,664โ8% | โ |
| 2015 | $63,055โ28% | $87,820โ8% | $134,514โ17% | โ |
| 2014 | $87,536โ28% | $80,957โ6% | $161,159โ5% | โ |
| 2013 | $68,394โ14% | $76,253 | $153,059โ6% | โ |
| 2012 | $79,240โ8% | $76,014โ7% | $162,446โ2% | โ |
| 2011 | $85,909 | $82,162 | $158,718 | โ |
Frequently Asked Questions
What does Family Promise do?โผ
Family Promise is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L21 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Family Promise financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Family Promise.
How much revenue does Family Promise generate?โผ
Family Promise reports $98K in annual revenue and holds $4K in total assets, based on IRS filings.
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