LHousing & ShelterEIN: 222585796· Ruling Year: 1985

Collins Non Profit Apartments Inc

Warren, Michigan

B-Health Score
45B-

Financial Health Score

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

Average

💰
$2.4M
Total Revenue
📊
$5.5M
Total Expenses
🏦
-$6.2M
Net Assets
📋
$19.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+51.3%
Year-over-year change (2022 → 2023)
Net Margin
-132.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
-1.12
Net assets divided by total expenses
Liabilities-to-Assets
148.3%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$2,379,81751%$5,527,685246%$12,815,894384%
2022$1,573,0132%$1,599,0314%$2,648,9685%
2021$1,536,3654%$1,533,0622%$2,800,0622%
2020$1,602,5611%$1,508,4103%$2,862,1582%
2019$1,587,1982%$1,548,2773%$2,908,5621%
2018$1,562,7912%$1,503,2591%$2,937,3091%
2017$1,525,8793%$1,510,9553%$2,980,7852%
2016$1,487,3941%$1,470,3681%$3,041,5651%
2015$1,495,7941%$1,483,0927%$3,083,2182%
2014$1,480,8752%$1,384,57610%$3,135,4524%
2013$1,446,0361%$1,530,4969%$3,273,003
2012$1,457,280$1,404,264$3,264,853

Frequently Asked Questions

What does Collins Non Profit Apartments Inc do?

Collins Non Profit Apartments Inc is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L22Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Collins Non Profit Apartments Inc financially healthy?

Based on our 9-metric Financial Health Score model, Collins Non Profit Apartments Inc has a score of 45/100 (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 Collins Non Profit Apartments Inc generate?

Collins Non Profit Apartments Inc reports $2.9M in annual revenue and holds $9.1M in total assets, based on IRS filings.

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