L โ€” Housing & ShelterEIN: 853706751ยท Ruling Year: 2021

Generous Heart Community Development Inc

Noblesville, Indiana

FHealth Score
19F

Financial Health Score

Provisional

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

Critical

๐Ÿ’ฐ
$935K
Total Revenue
๐Ÿ“Š
$2.9M
Total Expenses
๐Ÿฆ
-$2.2M
Net Assets
๐Ÿ“‹
$21.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+638.9%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-210.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.75
Net assets divided by total expenses
Liabilities-to-Assets
111.2%
Total liabilities as % of total assets

Filing History

2 filings on record
YearRevenueExpensesAssets
2023$934,673โ†‘639%$2,902,588โ†‘790%$19,314,081โ†‘148%
2022$126,491$326,267$7,801,581

Frequently Asked Questions

What does Generous Heart Community Development Inc do?โ–ผ

Generous Heart Community Development Inc is a housing & shelter nonprofit organization based in Indiana. It is classified under NTEE code L20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Generous Heart Community Development Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Generous Heart Community Development Inc has a score of 19/100 (Grade: F). 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 Generous Heart Community Development Inc generate?โ–ผ

Generous Heart Community Development Inc reports $2.5M in annual revenue and holds $20.7M in total assets, based on IRS filings.

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Generous Heart Community Development Inc โ€” Noblesville, IN | GiveScope