Lutheran Homes Of Michigan Foundation
Saginaw, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,173,797↑49% | $115,618↓96% | $11,008,377↑18% | — |
| 2022 | $787,627↓72% | $3,197,034↑679% | $9,343,348↓27% | — |
| 2021 | $2,826,886↓32% | $410,239↑31% | $12,862,481↑25% | — |
| 2020 | $4,152,818↑364% | $313,107↓60% | $10,289,287↑64% | — |
| 2019 | $895,583↑2% | $780,583↑63% | $6,287,042↑16% | — |
| 2018 | $877,068↓8% | $479,694↓11% | $5,432,330 | — |
| 2017 | $949,003↓27% | $538,788↑758% | $5,416,350↑23% | — |
| 2016 | $1,299,424↑82% | $62,774↓47% | $4,388,480↑33% | — |
| 2015 | $712,058↑76% | $117,805↓41% | $3,310,590↑255% | — |
| 2014 | $404,381↑71% | $199,343↓4% | $932,633↑28% | — |
| 2013 | $235,900↓28% | $208,342↓71% | $729,598↓39% | — |
| 2012 | $328,972↓28% | $715,972↑635% | $1,186,522↑21% | — |
| 2012 | $454,641↑38% | $97,406↓54% | $979,391↑58% | — |
| 2011 | $330,205 | $213,493 | $620,068 | — |
Frequently Asked Questions
What does Lutheran Homes Of Michigan Foundation do?▼
Lutheran Homes Of Michigan Foundation is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L11 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lutheran Homes Of Michigan Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Lutheran Homes Of Michigan Foundation has a score of 63/100 (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 Lutheran Homes Of Michigan Foundation generate?▼
Lutheran Homes Of Michigan Foundation reports $1.6M in annual revenue and holds $12.2M in total assets, based on IRS filings.
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