ZUnclassifiedEIN: 450322736

Development Homes INC

Grand Forks, North Dakota

B+Health Score
69B+

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 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.00×
Peer Median5.86×
💰
$17.9M
Total Revenue
📊
$16.4M
Total Expenses
🏦
$16.5M
Net Assets
📋
$4.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-2.0%
Year-over-year change (2022 → 2023)
Net Margin
+7.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.00
Net assets divided by total expenses
Liabilities-to-Assets
23.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$17,858,7322%$16,442,4173%$21,364,81714%
2022$18,220,4229%$15,917,7341%$18,682,5081%
2021$20,021,99017%$15,762,9691%$18,550,28920%
2020$17,058,0544%$15,644,4181%$15,485,43727%
2019$16,476,102100%$15,830,974123%$12,237,90711%
2018$8,224,96949%$7,085,87857%$11,035,6331%
2017$16,253,6261%$16,393,7093%$10,957,2107%
2016$16,172,63310%$15,888,25811%$10,252,57014%
2015$14,763,7811%$14,376,4255%$8,979,5186%
2014$14,624,64217%$13,660,18611%$8,473,92131%
2013$12,547,1422%$12,321,335$6,448,71535%
2012$12,302,9689%$12,340,00615%$4,794,1377%
2011$11,247,905$10,717,753$5,131,118

Frequently Asked Questions

What does Development Homes INC do?

Development Homes INC is a unclassified nonprofit organization based in North Dakota. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Development Homes INC financially healthy?

Based on our 9-metric Financial Health Score model, Development Homes 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 Development Homes INC generate?

Development Homes INC reports $20.7M in annual revenue and holds $26.2M in total assets, based on IRS filings.

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