L โ€” Housing & ShelterEIN: 271941412ยท Ruling Year: 2011

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

๐Ÿ’ฐ
$1.3M
Total Revenue
๐Ÿ“Š
$789K
Total Expenses
๐Ÿฆ
$1.9M
Net Assets
๐Ÿ“‹
$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
YearRevenueExpensesAssets
2023$1,325,664โ†‘43%$788,870โ†‘31%$1,881,160โ†‘40%
2022$927,300โ†‘21%$604,177โ†‘24%$1,345,660โ†‘23%
2021$767,200โ†‘175%$488,206โ†‘112%$1,096,224โ†‘25%
2020$278,567โ†‘23%$229,913โ†‘27%$876,065โ†‘13%
2019$226,061โ†‘39%$180,580โ†‘26%$773,678โ†‘6%
2018$162,524โ†“26%$142,904โ†‘6%$732,787โ†‘2%
2017$220,167โ†“19%$135,421โ†‘65%$717,505โ†‘13%
2016$273,284โ†‘142%$81,852โ†‘130%$636,852โ†‘81%
2015$112,848โ†‘33%$35,642โ†“49%$351,381โ†‘834%
2013$84,906$70,262$37,638

Frequently Asked Questions

What does East Lake Initiative A Nonprofit Corporation do?โ–ผ

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?โ–ผ

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?โ–ผ

East Lake Initiative A Nonprofit Corporation reports $1.3M in annual revenue and holds $2.3M in total assets, based on IRS filings.

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East Lake Initiative A Nonprofit Corporation โ€” Birmingham, AL | GiveScope