LHousing & ShelterEIN: 383526724· Ruling Year: 2000

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
YearRevenueExpensesAssets
2022$98,44237%$109,34430%$4,45774%
2021$156,216189%$155,430263%$16,93022%
2020$54,0487566%$42,857$13,8331383200%
2018$70599%$0100%$1100%
2017$80,66121%$86,63112%$116,7146%
2016$66,8836%$77,38512%$123,6648%
2015$63,05528%$87,8208%$134,51417%
2014$87,53628%$80,9576%$161,1595%
2013$68,39414%$76,253$153,0596%
2012$79,2408%$76,0147%$162,4462%
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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