Rhemas Child Care Center Inc
Harper Woods, Michigan
BHealth Score
60B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$450K
Total Revenue
📊
$492K
Total Expenses
🏦
$54K
Net Assets
📋
$8K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-32.3%
Year-over-year change (2022 → 2023)
Net Margin
-9.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.11
Net assets divided by total expenses
Liabilities-to-Assets
12.7%
Total liabilities as % of total assets
Filing History
6 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $450,234↓32% | $492,049↓14% | $62,127↓33% | — |
| 2022 | $665,435↑303% | $573,787↑234% | $92,975↑1189% | — |
| 2021 | $164,963↑153% | $171,632↑370% | $7,211↓75% | — |
| 2020 | $65,263↑729% | $36,555↑384% | $28,419↑5124% | — |
| 2019 | $7,870↑1159% | $7,555↑1808% | $544↑138% | — |
| 2018 | $625 | $396 | $229 | — |
Frequently Asked Questions
What does Rhemas Child Care Center Inc do?▼
Rhemas Child Care Center Inc is a human services nonprofit organization based in Michigan. It is classified under NTEE code P33 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Rhemas Child Care Center Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Rhemas Child Care Center Inc.
How much revenue does Rhemas Child Care Center Inc generate?▼
Rhemas Child Care Center Inc reports $392K in annual revenue and holds $68K in total assets, based on IRS filings.
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