31 Backpacks Inc
Hancock, Michigan
B+Health Score
67B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$146K
Total Revenue
📊
$113K
Total Expenses
🏦
$35K
Net Assets
📋
N/A
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+36.3%
Year-over-year change (2022 → 2023)
Net Margin
+22.5%
Revenue minus expenses as % of revenue
Filing History
4 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $146,018↑36% | $113,107↑29% | $35,167↓74% | — |
| 2022 | $107,166↑27% | $87,698↓14% | $137,657↑17% | — |
| 2021 | $84,218↓51% | $101,398↓3% | $117,871↓13% | — |
| 2020 | $170,495 | $104,716 | $135,051 | — |
Frequently Asked Questions
What does 31 Backpacks Inc do?▼
31 Backpacks Inc is a food, agriculture & nutrition nonprofit organization based in Michigan. It is classified under NTEE code K30 and is registered as a 501(c) tax-exempt organization with the IRS.
Is 31 Backpacks Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for 31 Backpacks Inc.
How much revenue does 31 Backpacks Inc generate?▼
31 Backpacks Inc reports $146K in annual revenue and holds $35K in total assets, based on IRS filings.
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