Friends of Faith Retirement Homes INC

Waterloo, Iowa

B-Health Score
46B-

Financial Health Score

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

Average

How This Organization Compares

Compared to 3 peers in Housing & Shelter with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-0.02×
Peer Median12.01×
💰
$26.2M
Total Revenue
📊
$28.5M
Total Expenses
🏦
-$507K
Net Assets
📋
$106.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-13.6%
Year-over-year change (2023 → 2024)
Net Margin
-8.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.02
Net assets divided by total expenses
Liabilities-to-Assets
100.5%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2024$26,167,26014%$28,508,2225%$105,777,8731%
2023$30,283,90322%$29,928,10862%$106,965,00921%
2021$24,765,90720%$18,470,38731%$88,184,68939%
2020$20,614,8063%$26,839,50250%$63,540,67826%
2019$20,029,03412%$17,917,2905%$50,404,6644%
2018$17,854,7744%$17,109,3001%$48,515,2163%
2017$17,172,3204%$17,327,334$50,060,1701%
2016$16,591,4651%$17,274,8307%$49,401,3623%
2015$16,458,686$18,485,48914%$50,770,2792%
2014$16,541,0833%$16,250,81516%$51,755,8651%
2013$16,982,63825%$14,007,2482%$52,218,9323%
2012$13,636,696$14,305,627$50,569,719

Frequently Asked Questions

What does Friends of Faith Retirement Homes INC do?

Friends of Faith Retirement Homes INC is a housing & shelter nonprofit organization based in Iowa. It is classified under NTEE code L220 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Friends of Faith Retirement Homes INC financially healthy?

Based on our 9-metric Financial Health Score model, Friends of Faith Retirement Homes INC has a score of 46/100 (Grade: B-). 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 Friends of Faith Retirement Homes INC generate?

Friends of Faith Retirement Homes INC reports $26.6M in annual revenue and holds $102.8M in total assets, based on IRS filings.

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