Northern Michigan Equine Therapy
Boyne City, Michigan
B+Health Score
71B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$259K
Total Revenue
📊
$215K
Total Expenses
🏦
$259K
Net Assets
📋
$9K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+32.4%
Year-over-year change (2022 → 2023)
Net Margin
+16.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.20
Net assets divided by total expenses
Liabilities-to-Assets
3.4%
Total liabilities as % of total assets
Filing History
9 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $259,218↑32% | $215,306↑13% | $268,322↑20% | — |
| 2022 | $195,850↓8% | $190,937↓8% | $222,943↑1% | — |
| 2021 | $212,672↑3% | $208,629↑30% | $220,135 | — |
| 2020 | $205,618↓20% | $160,462↓16% | $219,061↑21% | — |
| 2019 | $257,435↑30% | $191,506↑11% | $181,443↑61% | — |
| 2018 | $197,382↑82% | $172,227↑48% | $112,427↑43% | — |
| 2017 | $108,221↓9% | $116,283↑14% | $78,363↓4% | — |
| 2016 | $119,369↑17% | $101,745↑149% | $81,970↑27% | — |
| 2015 | $101,729 | $40,840 | $64,307 | — |
Frequently Asked Questions
What does Northern Michigan Equine Therapy do?▼
Northern Michigan Equine Therapy is a human services nonprofit organization based in Michigan. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Northern Michigan Equine Therapy financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Northern Michigan Equine Therapy.
How much revenue does Northern Michigan Equine Therapy generate?▼
Northern Michigan Equine Therapy reports $298K in annual revenue and holds $291K in total assets, based on IRS filings.
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