L โ€” Housing & ShelterEIN: 814392389ยท Ruling Year: 2018

Direction61 3

Mckinney, Texas

A-Health Score
75A-

Financial Health Score

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

Very Good

๐Ÿ’ฐ
$991K
Total Revenue
๐Ÿ“Š
$963K
Total Expenses
๐Ÿฆ
$856K
Net Assets
๐Ÿ“‹
$1.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+35.6%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+2.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.89
Net assets divided by total expenses
Liabilities-to-Assets
62.1%
Total liabilities as % of total assets

Filing History

7 filings on record
YearRevenueExpensesAssets
2023$990,961โ†‘36%$963,374โ†‘58%$2,256,156โ†‘40%
2022$731,003โ†‘56%$611,460โ†‘68%$1,610,725โ†‘127%
2021$467,391โ†‘13%$364,261โ†‘21%$709,583โ†‘21%
2020$414,213โ†‘34%$300,085โ†‘25%$587,591โ†‘24%
2019$308,567โ†“18%$239,398โ†‘142%$472,210โ†‘17%
2018$376,606โ†‘253%$98,722โ†‘616%$402,908โ†‘334%
2017$106,622$13,796$92,826

Frequently Asked Questions

What does Direction61 3 do?โ–ผ

Direction61 3 is a housing & shelter nonprofit organization based in Texas. It is classified under NTEE code L25 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Direction61 3 financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Direction61 3 has a score of 75/100 (Grade: A-). 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 Direction61 3 generate?โ–ผ

Direction61 3 reports $2.5M in annual revenue and holds $3.4M in total assets, based on IRS filings.

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Direction61 3 โ€” Mckinney, TX | GiveScope