New Way Homes Inc
Santa Cruz, California
BHealth Score
63B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
๐ฐ
$4.7M
Total Revenue
๐
$1.2M
Total Expenses
๐ฆ
$4.0M
Net Assets
๐
$6.6M
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+745.9%
Year-over-year change (2022 โ 2023)
Net Margin
+74.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.27
Net assets divided by total expenses
Liabilities-to-Assets
62.4%
Total liabilities as % of total assets
Filing History
8 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,715,504โ746% | $1,213,990โ110% | $10,557,458โ47% | โ |
| 2022 | $557,442โ159% | $578,187โ101% | $7,187,029โ4% | โ |
| 2021 | $215,241โ30% | $287,591โ20% | $6,922,787โ109% | โ |
| 2020 | $309,351โ23% | $239,931โ41% | $3,315,167โ34% | โ |
| 2019 | $400,214โ561% | $169,723โ78% | $2,482,051โ48% | โ |
| 2018 | $60,520โ70% | $95,169โ57% | $1,675,845โ82% | โ |
| 2017 | $35,672โ93% | $60,766โ8% | $923,271โ35% | โ |
| 2016 | $502,159 | $65,746 | $683,367 | โ |
Frequently Asked Questions
What does New Way Homes Inc do?โผ
New Way Homes Inc is a human services nonprofit organization based in California. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is New Way Homes Inc financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for New Way Homes Inc.
How much revenue does New Way Homes Inc generate?โผ
New Way Homes Inc reports $1.2M in annual revenue and holds $12.0M in total assets, based on IRS filings.
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