Macomb Foster Closet
Mount Clemens, Michigan
BHealth Score
56B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$309K
Total Revenue
📊
$95K
Total Expenses
🏦
$314K
Net Assets
📋
$584K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+327.6%
Year-over-year change (2022 → 2023)
Net Margin
+69.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.31
Net assets divided by total expenses
Liabilities-to-Assets
65.1%
Total liabilities as % of total assets
Filing History
3 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $309,255↑328% | $94,624↑184% | $897,883↑1524% | — |
| 2022 | $72,326↓16% | $33,315↓52% | $55,272↑240% | — |
| 2021 | $86,080 | $69,819 | $16,261 | — |
Frequently Asked Questions
What does Macomb Foster Closet do?▼
Macomb Foster Closet is a human services nonprofit organization based in Michigan. It is classified under NTEE code P32 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Macomb Foster Closet financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Macomb Foster Closet.
How much revenue does Macomb Foster Closet generate?▼
Macomb Foster Closet reports $740K in annual revenue and holds $1.4M in total assets, based on IRS filings.
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