LHousing & ShelterEIN: 261351152· Ruling Year: 2008

Lovejoy Special Needs Center Corporation

Livonia, Michigan

B+Health Score
65B+

Financial Health Score

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

Good

💰
$2.5M
Total Revenue
📊
$2.3M
Total Expenses
🏦
$445K
Net Assets
📋
$578K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+85.1%
Year-over-year change (2022 → 2023)
Net Margin
+8.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.20
Net assets divided by total expenses
Liabilities-to-Assets
56.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,483,08985%$2,262,55672%$1,023,17340%
2022$1,341,35649%$1,319,07128%$729,3496%
2021$901,55024%$1,030,7691%$688,23176%
2020$1,188,3055%$1,036,8634%$390,584246%
2019$1,133,6735%$1,079,2615%$112,86843%
2018$1,076,34717%$1,134,93135%$197,13738%
2017$1,304,5318%$1,741,32913%$142,71831%
2016$1,421,2863%$1,543,7374%$207,60428%
2015$1,462,7709%$1,612,7843%$289,94525%
2014$1,615,9348%$1,559,43713%$385,89840%
2013$1,498,15824%$1,381,2018%$275,03079%
2012$1,212,60321%$1,275,28624%$153,863
2011$1,005,926$1,024,644$154,530

Frequently Asked Questions

What does Lovejoy Special Needs Center Corporation do?

Lovejoy Special Needs Center Corporation is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L21 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lovejoy Special Needs Center Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Lovejoy Special Needs Center Corporation has a score of 65/100 (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 Lovejoy Special Needs Center Corporation generate?

Lovejoy Special Needs Center Corporation reports $2.7M in annual revenue and holds $1.3M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Housing & Shelter category, or browse all nonprofits in Michigan.