New Hope Shelter
Cadillac, Michigan
B-Health Score
51B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
๐ฐ
$335K
Total Revenue
๐
$398K
Total Expenses
๐ฆ
$1.2M
Net Assets
๐
$12K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-25.1%
Year-over-year change (2023 โ 2024)
Net Margin
-18.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.06
Net assets divided by total expenses
Liabilities-to-Assets
1.0%
Total liabilities as % of total assets
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $335,480โ25% | $398,192โ1% | $1,231,239โ5% | โ |
| 2023 | $447,891โ14% | $393,018โ32% | $1,294,248 | โ |
| 2022 | $520,972โ28% | $297,563โ11% | $1,295,843โ16% | โ |
| 2021 | $718,611โ179% | $267,657โ3% | $1,114,151โ101% | โ |
| 2020 | $257,985โ12% | $275,986โ34% | $554,547โ9% | โ |
| 2019 | $230,453โ30% | $205,233โ82% | $509,304โ2% | โ |
| 2018 | $177,084โ17% | $113,001โ9% | $518,847โ14% | โ |
| 2017 | $212,883โ434% | $103,429โ212% | $454,527โ32% | โ |
| 2016 | $39,843โ69% | $33,103โ69% | $345,094โ91% | โ |
| 2015 | $128,317โ19% | $105,117โ9% | $180,680โ20% | โ |
| 2014 | $107,932โ10% | $115,153โ6% | $150,259โ5% | โ |
| 2013 | $98,484โ48% | $122,457โ12% | $157,480โ13% | โ |
| 2012 | $66,761โ61% | $109,355โ75% | $181,453โ19% | โ |
| 2011 | $171,023 | $62,618 | $224,047 | โ |
Frequently Asked Questions
What does New Hope Shelter do?โผ
New Hope Shelter is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L41 and is registered as a 501(c) tax-exempt organization with the IRS.
Is New Hope Shelter financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for New Hope Shelter.
How much revenue does New Hope Shelter generate?โผ
New Hope Shelter reports $435K in annual revenue and holds $1.3M in total assets, based on IRS filings.
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