Living Threads
Zeeland, Michigan
B+Health Score
71B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$358K
Total Revenue
📊
$312K
Total Expenses
🏦
$338K
Net Assets
📋
$333
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+12.2%
Year-over-year change (2022 → 2023)
Net Margin
+12.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.08
Net assets divided by total expenses
Liabilities-to-Assets
0.1%
Total liabilities as % of total assets
Filing History
11 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $358,239↑12% | $312,217↑13% | $338,387↑16% | — |
| 2022 | $319,225↓7% | $275,506↑7% | $292,333↑18% | — |
| 2021 | $342,630↑65% | $257,328↑12% | $248,601↑33% | — |
| 2020 | $207,200↓15% | $229,962↑4% | $187,431 | — |
| 2019 | $244,160↑12% | $220,663↑2% | $186,900↑15% | — |
| 2018 | $217,744↑39% | $216,453↑56% | $162,421↑1% | — |
| 2017 | $156,682↑1% | $138,411↓5% | $161,133↑13% | — |
| 2016 | $155,550↑36% | $145,600↑53% | $142,953↑8% | — |
| 2015 | $114,217↑16% | $95,342↑38% | $132,812↑17% | — |
| 2014 | $98,423↓11% | $69,334↑39% | $113,889↑34% | — |
| 2013 | $110,580 | $49,843 | $84,807 | — |
Frequently Asked Questions
What does Living Threads do?▼
Living Threads is a religion-related nonprofit organization based in Michigan. It is classified under NTEE code X99 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Living Threads financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Living Threads.
How much revenue does Living Threads generate?▼
Living Threads reports $281K in annual revenue and holds $375K in total assets, based on IRS filings.
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