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
💰
$98K
Total Revenue
📊
$109K
Total Expenses
🏦
$4K
Net Assets
📋
$740
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-37.0%
Year-over-year change (2021 → 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 | $98,442↓37% | $109,344↓30% | $4,457↓74% | — |
| 2021 | $156,216↑189% | $155,430↑263% | $16,930↑22% | — |
| 2020 | $54,048↑7566% | $42,857 | $13,833↑1383200% | — |
| 2018 | $705↓99% | $0↓100% | $1↓100% | — |
| 2017 | $80,661↑21% | $86,631↑12% | $116,714↓6% | — |
| 2016 | $66,883↑6% | $77,385↓12% | $123,664↓8% | — |
| 2015 | $63,055↓28% | $87,820↑8% | $134,514↓17% | — |
| 2014 | $87,536↑28% | $80,957↑6% | $161,159↑5% | — |
| 2013 | $68,394↓14% | $76,253 | $153,059↓6% | — |
| 2012 | $79,240↓8% | $76,014↓7% | $162,446↑2% | — |
| 2011 | $85,909 | $82,162 | $158,718 | — |
Frequently Asked Questions
What does Family Promise do?▼
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?▼
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?▼
Family Promise reports $98K in annual revenue and holds $4K in total assets, based on IRS filings.
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