Detroit Affordable Homes Inc
Berkley, Michigan
BHealth Score
64B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$1.6M
Total Revenue
📊
$1.4M
Total Expenses
🏦
$2.5M
Net Assets
📋
$151K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+11.2%
Year-over-year change (2022 → 2023)
Net Margin
+13.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.86
Net assets divided by total expenses
Liabilities-to-Assets
5.6%
Total liabilities as % of total assets
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,569,375↑11% | $1,364,116↑146% | $2,686,770↑8% | — |
| 2022 | $1,410,973↑492% | $554,439↑133% | $2,481,481↑20% | — |
| 2021 | $238,141↓75% | $237,449↓45% | $2,064,947↓9% | — |
| 2020 | $948,282↑895% | $432,276↑266% | $2,279,540↑45% | — |
| 2019 | $95,343↓77% | $118,077↑7% | $1,569,029↑5% | — |
| 2018 | $420,409↓60% | $110,350↓50% | $1,493,045↑65% | — |
| 2017 | $1,046,932↑224% | $221,825↑39% | $907,059↑731% | — |
| 2016 | $323,116↑91% | $160,139↓75% | $109,111↓16% | — |
| 2015 | $169,306↑40% | $646,345↑548% | $129,583↓79% | — |
| 2014 | $121,175↓47% | $99,741↓70% | $629,704↑12% | — |
| 2013 | $227,199↓26% | $327,823↑43% | $563,838↑20% | — |
| 2012 | $308,036↑52% | $229,521↑6% | $470,044↑213% | — |
| 2011 | $203,187↓82% | $216,285↑179% | $150,100↓86% | — |
| 2009 | $1,104,702 | $77,639 | $1,055,080 | — |
Frequently Asked Questions
What does Detroit Affordable Homes Inc do?▼
Detroit Affordable Homes Inc is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L21 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Detroit Affordable Homes Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Detroit Affordable Homes Inc.
How much revenue does Detroit Affordable Homes Inc generate?▼
Detroit Affordable Homes Inc reports $397K in annual revenue and holds $2.9M in total assets, based on IRS filings.
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