Formation Counseling Services Inc
Albuquerque, New Mexico
B-Health Score
54B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$1.8M
Total Revenue
📊
$1.9M
Total Expenses
🏦
$449K
Net Assets
📋
$4K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-1.1%
Year-over-year change (2022 → 2023)
Net Margin
-4.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.23
Net assets divided by total expenses
Liabilities-to-Assets
0.9%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,836,699↓1% | $1,927,287 | $452,396↓17% | |
| 2022 | $1,856,515↓16% | $1,918,541↓3% | $546,085↓10% | — |
| 2021 | $2,201,028↑21% | $1,983,383↑19% | $606,884↓6% | — |
| 2020 | $1,821,745↑13% | $1,661,706↑9% | $647,987↑169% | — |
| 2019 | $1,615,486↑5% | $1,520,551 | $241,197↑79% | — |
| 2018 | $1,540,494↑7% | $1,523,240↑5% | $134,442↑1% | — |
| 2017 | $1,439,730↑9% | $1,457,581↑10% | $132,579↓11% | — |
| 2016 | $1,325,182↑25% | $1,319,129↑13% | $148,867↑8% | — |
| 2015 | $1,058,658↑14% | $1,170,106↑31% | $138,414↓34% | — |
| 2014 | $927,749↑3% | $893,045↓1% | $208,250↑21% | — |
| 2013 | $902,354↑2% | $902,206↑5% | $171,433 | — |
| 2012 | $883,851↑14% | $856,914↑15% | $171,230↑18% | — |
| 2011 | $776,771 | $745,271 | $144,559 | — |
Frequently Asked Questions
What does Formation Counseling Services Inc do?▼
Formation Counseling Services Inc is a mental health & crisis intervention nonprofit organization based in New Mexico. It is classified under NTEE code F30 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Formation Counseling Services Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Formation Counseling Services Inc.
How much revenue does Formation Counseling Services Inc generate?▼
Formation Counseling Services Inc reports $1.8M in annual revenue and holds $344K in total assets, based on IRS filings.
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