Higgins Lake Property Owners Assn
Roscommon, 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
💰
$122K
Total Revenue
📊
$78K
Total Expenses
🏦
$131K
Net Assets
📋
$29K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+29.5%
Year-over-year change (2022 → 2023)
Net Margin
+35.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.68
Net assets divided by total expenses
Liabilities-to-Assets
17.9%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $121,604↑30% | $77,943↓19% | $159,653↑49% | |
| 2022 | $93,885↓4% | $96,210↑25% | $107,037↓3% | — |
| 2021 | $98,013↑29% | $76,931↑12% | $110,610↑14% | — |
| 2020 | $75,876↓26% | $68,581↓4% | $97,075↑15% | — |
| 2019 | $102,681↑37% | $71,533↑10% | $84,686↑54% | — |
| 2018 | $75,025↑21% | $64,895↑5% | $54,921↑29% | — |
| 2017 | $61,983↑14% | $61,711↓25% | $42,444↑32% | — |
| 2016 | $54,151↑14% | $82,388↑20% | $32,258↓48% | — |
| 2015 | $47,602↓1% | $68,704 | $62,364↓8% | — |
| 2014 | $48,001↓25% | $68,532↑26% | $67,620↓11% | — |
| 2013 | $63,843↑3% | $54,354↓19% | $76,353↑14% | — |
| 2012 | $61,717↓3% | $67,492↑6% | $67,240↓8% | — |
| 2011 | $63,776 | $63,584 | $73,008 | — |
Frequently Asked Questions
What does Higgins Lake Property Owners Assn do?▼
Higgins Lake Property Owners Assn is a unclassified nonprofit organization based in Michigan. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Higgins Lake Property Owners Assn financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Higgins Lake Property Owners Assn.
How much revenue does Higgins Lake Property Owners Assn generate?▼
Higgins Lake Property Owners Assn reports $107K in annual revenue and holds $183K in total assets, based on IRS filings.
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