Gem Legacy Inc
Royal Oak, Michigan
B+Health Score
68B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
๐ฐ
$174K
Total Revenue
๐
$91K
Total Expenses
๐ฆ
$292K
Net Assets
๐
N/A
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+71.4%
Year-over-year change (2022 โ 2023)
Net Margin
+47.6%
Revenue minus expenses as % of revenue
Filing History
3 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $173,897โ71% | $91,163โ2% | $291,739โ40% | โ |
| 2022 | $101,435โ17% | $93,330โ43% | $209,005โ127% | โ |
| 2020 | $122,504 | $65,346 | $92,124 | โ |
Frequently Asked Questions
What does Gem Legacy Inc do?โผ
Gem Legacy Inc is a human services nonprofit organization based in Michigan. It is classified under NTEE code P58 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Gem Legacy Inc financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Gem Legacy Inc.
How much revenue does Gem Legacy Inc generate?โผ
Gem Legacy Inc reports $218K in annual revenue and holds $389K in total assets, based on IRS filings.
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