L โ€” Housing & ShelterEIN: 456035977ยท Ruling Year: 1976

Grand Forks Homes Inc

Grand Forks, North Dakota

DHealth Score
33D

Financial Health Score

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

Poor

๐Ÿ’ฐ
$4.3M
Total Revenue
๐Ÿ“Š
$4.9M
Total Expenses
๐Ÿฆ
$497K
Net Assets
๐Ÿ“‹
$13.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-9.0%
Year-over-year change (2021 โ†’ 2022)
Net Margin
-15.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.10
Net assets divided by total expenses
Liabilities-to-Assets
96.5%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2022$4,265,696โ†“9%$4,910,846โ†“2%$14,357,840โ†“5%
2021$4,689,761โ†‘5%$5,000,964โ†‘13%$15,056,790โ†“3%
2020$4,473,354โ†‘35%$4,424,962โ†‘26%$15,508,002โ†‘11%
2019$3,310,276โ†‘14%$3,502,966โ†‘11%$13,924,989โ†‘3%
2018$2,891,917โ†‘21%$3,160,306โ†‘14%$13,562,452โ†‘32%
2017$2,393,618โ†‘21%$2,769,014โ†‘14%$10,259,084โ†‘29%
2016$1,971,591โ†‘4%$2,420,514โ†‘29%$7,967,824โ†‘32%
2015$1,900,108โ†“15%$1,883,606โ†‘5%$6,032,094โ†“2%
2014$2,240,857โ†‘22%$1,791,143โ†‘6%$6,126,082โ†‘5%
2013$1,829,820โ†“5%$1,696,738โ†“7%$5,852,866โ†“2%
2012$1,916,569โ†‘8%$1,818,550โ†“1%$5,994,176
2011$1,776,378$1,833,812$5,975,211

Frequently Asked Questions

What does Grand Forks Homes Inc do?โ–ผ

Grand Forks Homes Inc is a housing & shelter nonprofit organization based in North Dakota. It is classified under NTEE code L210 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Grand Forks Homes Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Grand Forks Homes Inc has a score of 33/100 (Grade: D). 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 Grand Forks Homes Inc generate?โ–ผ

Grand Forks Homes Inc reports $4.4M in annual revenue and holds $14.1M in total assets, based on IRS filings.

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Grand Forks Homes Inc โ€” Grand Forks, ND | GiveScope