Independence First Inc
Milwaukee, Wisconsin
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 15 peers in Human Services with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $25,211,248↓4% | $24,937,959↓3% | $17,483,263↑10% | — |
| 2022 | $26,173,789↓3% | $25,802,011↑2% | $15,904,443↓7% | — |
| 2021 | $27,006,891↓19% | $25,342,992↓8% | $17,159,948↑7% | — |
| 2020 | $33,424,709↑10% | $27,496,552↓4% | $16,034,797↑49% | — |
| 2019 | $30,373,260↑4% | $28,768,365↓4% | $10,757,946↓1% | — |
| 2018 | $29,267,673↓2% | $30,113,461↓2% | $10,872,537↓8% | — |
| 2017 | $29,885,106↓1% | $30,734,474↓3% | $11,825,647↓8% | — |
| 2016 | $30,146,078↓2% | $31,526,371↓2% | $12,850,017↓6% | — |
| 2015 | $30,781,183↓11% | $32,172,620↓7% | $13,699,530↓10% | — |
| 2014 | $34,424,086↓2% | $34,703,444↓31% | $15,186,239↓2% | — |
| 2013 | $35,136,554 | $49,951,462↑46% | $15,525,727↓48% | — |
| 2012 | $35,018,535↑4% | $34,228,445↑3% | $29,631,651↑32% | — |
| 2011 | $33,534,089 | $33,129,601 | $22,395,843 | — |
Frequently Asked Questions
What does Independence First Inc do?▼
Independence First Inc is a human services nonprofit organization based in Wisconsin. It is classified under NTEE code P80Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Independence First Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Independence First Inc has a score of 69/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Independence First Inc generate?▼
Independence First Inc reports $22.6M in annual revenue and holds $17.3M in total assets, based on IRS filings.
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