L โ€” Housing & ShelterEIN: 453199958ยท Ruling Year: 2012

Michaels Community Services Corporation

Camden, New Jersey

A-Health Score
80A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

๐Ÿ’ฐ
$7.3M
Total Revenue
๐Ÿ“Š
$6.9M
Total Expenses
๐Ÿฆ
$34.7M
Net Assets
๐Ÿ“‹
$26.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-15.8%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+5.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
5.03
Net assets divided by total expenses
Liabilities-to-Assets
43.0%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2023$7,269,990โ†“16%$6,895,401โ†‘11%$60,886,014โ†‘26%
2022$8,637,574โ†‘32%$6,228,964โ†‘5%$48,473,807โ†‘22%
2021$6,564,419โ†“2%$5,938,466โ†“4%$39,587,264โ†‘13%
2020$6,731,885โ†‘4%$6,164,864โ†‘8%$34,939,432โ†‘286%
2019$6,485,537โ†‘8%$5,709,399โ†‘2%$9,048,576โ†‘19%
2018$6,022,001โ†‘10%$5,589,363โ†‘4%$7,625,059โ†‘1614%
2017$5,490,378โ†‘17%$5,353,553โ†“4%$444,870โ†“22%
2016$4,690,561โ†“11%$5,594,374โ†“1%$569,511โ†“61%
2015$5,244,157โ†‘20%$5,642,731โ†‘8%$1,453,455โ†‘26%
2014$4,370,516โ†‘592%$5,213,342โ†‘431%$1,150,042โ†‘232%
2013$631,493$982,652$346,854

Frequently Asked Questions

What does Michaels Community Services Corporation do?โ–ผ

Michaels Community Services Corporation is a housing & shelter nonprofit organization based in New Jersey. It is classified under NTEE code L80 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Michaels Community Services Corporation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Michaels Community Services Corporation has a score of 80/100 (Grade: A-). 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 Michaels Community Services Corporation generate?โ–ผ

Michaels Community Services Corporation reports $8.1M in annual revenue and holds $62.6M in total assets, based on IRS filings.

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Michaels Community Services Corporation โ€” Camden, NJ | GiveScope