ZUnclassifiedEIN: 840890971· Ruling Year: 1983

Hover Senior Living Community

Longmont, Colorado

BHealth Score
64B

Financial Health Score

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

Above Average

How This Organization Compares

Compared to 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.90×
Peer Median5.86×
💰
$2.4M
Total Revenue
📊
$2.8M
Total Expenses
🏦
$2.5M
Net Assets
📋
$681K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+13.1%
Year-over-year change (2022 → 2023)
Net Margin
-15.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.90
Net assets divided by total expenses
Liabilities-to-Assets
21.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,424,72113%$2,807,14010%$3,202,40413%
2022$2,143,5012%$2,546,24113%$3,694,0549%
2021$2,110,2241%$2,261,3705%$4,077,5269%
2020$2,089,3483%$2,157,9639%$4,487,2193%
2019$2,163,57415%$1,986,06113%$4,371,8815%
2018$1,878,47810%$1,764,6049%$4,180,20325%
2017$2,084,249$1,935,6972%$3,338,9605%
2016$2,081,7201%$1,982,5121%$3,184,6592%
2015$2,058,5202%$1,960,3862%$3,118,7252%
2014$2,020,934$2,001,7671%$3,059,5802%
2013$2,022,3601%$2,015,5082%$2,996,7361%
2012$2,009,4903%$1,980,95314%$2,959,2282%
2011$1,956,185$1,733,590$2,912,741

Frequently Asked Questions

What does Hover Senior Living Community do?

Hover Senior Living Community is a unclassified nonprofit organization based in Colorado. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Hover Senior Living Community financially healthy?

Based on our 9-metric Financial Health Score model, Hover Senior Living Community has a score of 64/100 (Grade: B). 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 Hover Senior Living Community generate?

Hover Senior Living Community reports $11.9M in annual revenue and holds $22.8M in total assets, based on IRS filings.

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