L โ€” Housing & ShelterEIN: 275020487ยท Ruling Year: 2011

Life Remodeled A Nonprofit Corporation

Detroit, Michigan

AHealth Score
89A

Financial Health Score

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

Excellent

๐Ÿ’ฐ
$5.9M
Total Revenue
๐Ÿ“Š
$2.8M
Total Expenses
๐Ÿฆ
$9.2M
Net Assets
๐Ÿ“‹
$265K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+107.0%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+53.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.30
Net assets divided by total expenses
Liabilities-to-Assets
2.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$5,946,403โ†‘107%$2,794,159โ†‘22%$9,477,706โ†‘53%
2022$2,873,152โ†‘12%$2,281,868โ†‘14%$6,209,517โ†‘8%
2021$2,566,103โ†“39%$2,010,032โ†“2%$5,753,529โ†‘14%
2020$4,234,556โ†‘63%$2,047,580โ†‘13%$5,031,119โ†‘35%
2019$2,601,976โ†“10%$1,812,427โ†“30%$3,730,363โ†‘41%
2018$2,883,506โ†“47%$2,595,914โ†“38%$2,640,420โ†‘50%
2017$5,463,820โ†“1%$4,198,939โ†“21%$1,762,190โ†‘328%
2016$5,498,884โ†‘3%$5,282,191โ†“8%$411,703โ†‘125%
2015$5,317,455โ†“2%$5,718,877โ†‘16%$182,960โ†“69%
2014$5,449,812โ†‘7423%$4,945,237โ†‘11421%$584,448โ†‘809%
2013$72,441$42,925โ†‘9%$64,299โ†‘88%
2012$72,677โ†“22%$39,312โ†“46%$34,178โ†‘64%
2011$93,584$72,718$20,866

Frequently Asked Questions

What does Life Remodeled A Nonprofit Corporation do?โ–ผ

Life Remodeled A Nonprofit Corporation is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Life Remodeled A Nonprofit Corporation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Life Remodeled A Nonprofit Corporation has a score of 89/100 (Grade: A). 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 Life Remodeled A Nonprofit Corporation generate?โ–ผ

Life Remodeled A Nonprofit Corporation reports $5.5M in annual revenue and holds $11.9M in total assets, based on IRS filings.

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Life Remodeled A Nonprofit Corporation โ€” Detroit, MI | GiveScope