SCommunity Improvement & Capacity BuildingEIN: 824304490· Ruling Year: 2018

Association Of Independent Mortgage Experts

Clarkston, Michigan

B-Health Score
48B-

Financial Health Score

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

Average

💰
$5.0M
Total Revenue
📊
$7.3M
Total Expenses
🏦
$469K
Net Assets
📋
$150K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-42.5%
Year-over-year change (2022 → 2023)
Net Margin
-46.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.06
Net assets divided by total expenses
Liabilities-to-Assets
24.3%
Total liabilities as % of total assets

Filing History

6 filings on record
YearRevenueExpensesAssets
2023$4,954,28143%$7,279,06111%$619,71078%
2022$8,623,07628%$8,221,70160%$2,866,77718%
2021$6,737,94035%$5,150,0355%$2,433,480116%
2020$4,997,83817%$5,406,92311%$1,128,82617%
2019$6,019,631324%$4,876,454286%$1,360,998651%
2018$1,420,243$1,263,013$181,176

Frequently Asked Questions

What does Association Of Independent Mortgage Experts do?

Association Of Independent Mortgage Experts is a community improvement & capacity building nonprofit organization based in Michigan. It is classified under NTEE code S41 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Association Of Independent Mortgage Experts financially healthy?

Based on our 9-metric Financial Health Score model, Association Of Independent Mortgage Experts has a score of 48/100 (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 Association Of Independent Mortgage Experts generate?

Association Of Independent Mortgage Experts reports $4.6M in annual revenue and holds $746K in total assets, based on IRS filings.

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