LHousing & ShelterEIN: 222538039· Ruling Year: 1987

Father Bills & Mainspring Inc

Brockton, Massachusetts

B+Health Score
68B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 3 peers in Housing & Shelter with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.87×
Peer Median12.01×
💰
$41.0M
Total Revenue
📊
$35.6M
Total Expenses
🏦
$30.9M
Net Assets
📋
$18.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-5.1%
Year-over-year change (2022 → 2023)
Net Margin
+13.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.87
Net assets divided by total expenses
Liabilities-to-Assets
37.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$41,018,3185%$35,632,5428%$49,125,38732%
2022$43,214,8587%$33,100,5843%$37,272,45623%
2021$40,548,59058%$32,105,68129%$30,316,63956%
2020$25,679,16013%$24,918,74112%$19,489,80151%
2019$22,673,9334%$22,171,9592%$12,905,1275%
2018$21,816,3002%$21,634,2473%$12,278,608
2017$21,329,6175%$21,027,8796%$12,256,2169%
2016$20,366,00112%$19,776,16211%$11,287,89317%
2015$18,235,8838%$17,889,8208%$9,652,13418%
2014$16,832,3607%$16,628,0567%$8,170,36219%
2013$15,710,272$15,490,9522%$6,849,27815%
2012$15,653,3072%$15,828,9996%$5,931,46011%
2011$15,275,374$14,956,238$6,693,796

Frequently Asked Questions

What does Father Bills & Mainspring Inc do?

Father Bills & Mainspring Inc is a housing & shelter nonprofit organization based in Massachusetts. It is classified under NTEE code L41 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Father Bills & Mainspring Inc financially healthy?

Based on our 9-metric Financial Health Score model, Father Bills & Mainspring Inc has a score of 68/100 (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 Father Bills & Mainspring Inc generate?

Father Bills & Mainspring Inc reports $41.4M in annual revenue and holds $61.1M in total assets, based on IRS filings.

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