First Addition Extension
Zeeland, Michigan
BHealth Score
57B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$373K
Total Revenue
📊
$364K
Total Expenses
🏦
$84K
Net Assets
📋
$74K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+22.2%
Year-over-year change (2022 → 2023)
Net Margin
+2.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.23
Net assets divided by total expenses
Liabilities-to-Assets
46.8%
Total liabilities as % of total assets
Filing History
4 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $373,146↑22% | $364,450↑23% | $158,401↑54% | |
| 2022 | $305,289↑45% | $295,732↑53% | $102,840↑12% | — |
| 2021 | $210,807↑1% | $193,053↑20% | $91,632↑36% | — |
| 2020 | $209,676 | $160,789 | $67,319 | — |
Frequently Asked Questions
What does First Addition Extension do?▼
First Addition Extension is a education nonprofit organization based in Michigan. It is classified under NTEE code B90 and is registered as a 501(c) tax-exempt organization with the IRS.
Is First Addition Extension financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for First Addition Extension.
How much revenue does First Addition Extension generate?▼
First Addition Extension reports $450K in annual revenue and holds $261K in total assets, based on IRS filings.