East Lake Initiative A Nonprofit Corporation
Birmingham, Alabama
B+Health Score
73B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
๐ฐ
$1.3M
Total Revenue
๐
$789K
Total Expenses
๐ฆ
$1.9M
Net Assets
๐
$937
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+43.0%
Year-over-year change (2022 โ 2023)
Net Margin
+40.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.38
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,325,664โ43% | $788,870โ31% | $1,881,160โ40% | โ |
| 2022 | $927,300โ21% | $604,177โ24% | $1,345,660โ23% | โ |
| 2021 | $767,200โ175% | $488,206โ112% | $1,096,224โ25% | โ |
| 2020 | $278,567โ23% | $229,913โ27% | $876,065โ13% | โ |
| 2019 | $226,061โ39% | $180,580โ26% | $773,678โ6% | โ |
| 2018 | $162,524โ26% | $142,904โ6% | $732,787โ2% | โ |
| 2017 | $220,167โ19% | $135,421โ65% | $717,505โ13% | โ |
| 2016 | $273,284โ142% | $81,852โ130% | $636,852โ81% | โ |
| 2015 | $112,848โ33% | $35,642โ49% | $351,381โ834% | โ |
| 2013 | $84,906 | $70,262 | $37,638 | โ |
Frequently Asked Questions
What does East Lake Initiative A Nonprofit Corporation do?โผ
East Lake Initiative A Nonprofit Corporation is a housing & shelter nonprofit organization based in Alabama. It is classified under NTEE code L80 and is registered as a 501(c) tax-exempt organization with the IRS.
Is East Lake Initiative A Nonprofit Corporation financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for East Lake Initiative A Nonprofit Corporation.
How much revenue does East Lake Initiative A Nonprofit Corporation generate?โผ
East Lake Initiative A Nonprofit Corporation reports $1.3M in annual revenue and holds $2.3M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Housing & Shelter category, or browse all nonprofits in Alabama.