Harbor Inn
Southfield, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Below Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
5 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,176,925โ128% | $3,756,572โ57% | $27,044,195โ4% | โ |
| 2022 | $953,596โ276% | $2,398,472โ452% | $28,304,078โ21% | โ |
| 2021 | $253,423 | $434,897โ4209% | $23,317,130โ129% | โ |
| 2020 | $0 | $10,093 | $10,161,236โ374% | โ |
| 2019 | $0 | $0 | $2,145,934 | โ |
Frequently Asked Questions
What does Harbor Inn do?โผ
Harbor Inn is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L40 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Harbor Inn financially healthy?โผ
Based on our 9-metric Financial Health Score model, Harbor Inn has a score of 35/100 (Grade: C). 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 Harbor Inn generate?โผ
Harbor Inn reports $2.9M in annual revenue and holds $25.9M in total assets, based on IRS filings.
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