F — Mental Health & Crisis InterventionEIN: 832751753· Ruling Year: 2019

Garretts Space

Ann Arbor, Michigan

A-Health Score
80A-

Financial Health Score

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

Very Good

💰
$4.8M
Total Revenue
📊
$295K
Total Expenses
🏦
$5.7M
Net Assets
📋
$2.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+505.6%
Year-over-year change (2022 → 2023)
Net Margin
+93.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
19.33
Net assets divided by total expenses
Liabilities-to-Assets
33.3%
Total liabilities as % of total assets

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$4,804,283↑506%$294,748↑100%$8,544,468↑602%
2022$793,276↑244%$147,343↑14%$1,217,398↑123%
2021$230,378↓41%$128,827↑238%$545,745↑24%
2020$390,750↑271%$38,070↑129%$440,539↑399%
2019$105,185$16,621$88,272

Frequently Asked Questions

What does Garretts Space do?▼

Garretts Space is a mental health & crisis intervention nonprofit organization based in Michigan. It is classified under NTEE code F11 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Garretts Space financially healthy?▼

Based on our 9-metric Financial Health Score model, Garretts Space has a score of 80/100 (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 Garretts Space generate?▼

Garretts Space reports $2.6M in annual revenue and holds $10.6M in total assets, based on IRS filings.

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