L โ€” Housing & ShelterEIN: 205111657ยท Ruling Year: 2016

Royal Oak Non-profit Housing Corporation

Warren, Michigan

CHealth Score
40C

Financial Health Score

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

Below Average

๐Ÿ’ฐ
$2.1M
Total Revenue
๐Ÿ“Š
$2.7M
Total Expenses
๐Ÿฆ
-$1.0M
Net Assets
๐Ÿ“‹
$15.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+16.7%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-27.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.38
Net assets divided by total expenses
Liabilities-to-Assets
106.9%
Total liabilities as % of total assets

Filing History

16 filings on record
YearRevenueExpensesAssets
2023$2,107,789โ†‘17%$2,679,800โ†‘24%$14,873,790โ†“3%
2022$1,805,764โ†“4%$2,164,425โ†‘32%$15,360,797โ†‘36%
2021$1,888,362โ†‘137%$1,636,734โ†‘79%$11,274,661โ†‘111%
2020$796,187โ†“49%$916,866โ†“40%$5,336,081โ†‘65%
2020$1,550,084โ†‘2%$1,525,106โ†‘1%$3,229,719โ†‘12%
2019$1,522,990โ†‘4%$1,512,240โ†‘2%$2,885,983โ†“2%
2018$1,469,657โ†‘5%$1,483,044โ†“4%$2,959,589โ†“4%
2017$1,400,761โ†‘1%$1,549,488โ†‘4%$3,068,758โ†“3%
2016$1,380,117โ†‘1%$1,489,622โ†‘2%$3,177,937โ†“3%
2015$1,363,726โ†‘2%$1,463,198โ†‘2%$3,290,193โ†“4%
2014$1,331,120โ†‘4%$1,431,092โ†‘1%$3,422,531โ†‘113%
2013$1,279,786โ†‘4%$1,423,362โ†‘10%$1,603,680โ†“59%
2012$1,230,878โ†“4%$1,293,310โ†“6%$3,884,693โ†“9%
2011$1,287,638โ†‘3%$1,377,900โ†‘13%$4,253,051โ†“4%
2010$1,244,146โ†“2%$1,219,635โ†“10%$4,414,830โ†“4%
2009$1,268,905$1,357,126$4,588,186

Frequently Asked Questions

What does Royal Oak Non-profit Housing Corporation do?โ–ผ

Royal Oak Non-profit Housing Corporation is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Royal Oak Non-profit Housing Corporation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Royal Oak Non-profit Housing Corporation has a score of 40/100 (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 Royal Oak Non-profit Housing Corporation generate?โ–ผ

Royal Oak Non-profit Housing Corporation reports $2.3M in annual revenue and holds $14.6M in total assets, based on IRS filings.

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Royal Oak Non-profit Housing Corporation โ€” Warren, MI | GiveScope