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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