Michaels Place
Traverse City, Michigan
B+Health Score
74B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$1.0M
Total Revenue
📊
$817K
Total Expenses
🏦
$744K
Net Assets
📋
$49K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+71.3%
Year-over-year change (2023 → 2024)
Net Margin
+19.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.91
Net assets divided by total expenses
Liabilities-to-Assets
6.2%
Total liabilities as % of total assets
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $1,018,483↑71% | $816,934↑24% | $793,743↑25% | |
| 2023 | $594,421↑10% | $661,077↑13% | $635,116↑2% | — |
| 2022 | $540,903↓14% | $585,298↑25% | $620,242↓7% | — |
| 2021 | $629,373↑2% | $468,321 | $664,090↑33% | — |
| 2020 | $618,637↓34% | $467,972↑8% | $500,431↑27% | — |
| 2019 | $933,258↑95% | $433,012↑8% | $395,368↑25% | — |
| 2018 | $478,842↑78% | $399,268↑6% | $317,036↑27% | — |
| 2017 | $269,368↓21% | $376,331↑9% | $249,701↓27% | — |
| 2016 | $340,551 | $346,829↑19% | $342,013↓2% | — |
| 2015 | $341,966↑20% | $290,610↓18% | $349,582↓24% | — |
| 2014 | $284,340↓9% | $355,690↑25% | $460,856↓14% | — |
| 2013 | $313,992↓39% | $284,697↑31% | $536,461↑60% | — |
| 2012 | $512,502↑96% | $216,602↓12% | $336,065↑581% | — |
| 2011 | $261,258 | $245,901 | $49,318 | — |
Frequently Asked Questions
What does Michaels Place do?▼
Michaels Place is a mental health & crisis intervention nonprofit organization based in Michigan. It is classified under NTEE code F60 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Michaels Place financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Michaels Place.
How much revenue does Michaels Place generate?▼
Michaels Place reports $905K in annual revenue and holds $994K in total assets, based on IRS filings.
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