LHousing & ShelterEIN: 341927224· Ruling Year: 2000

Devon Oaks Assisted Living Corporation

Westlake, Ohio

CHealth Score
43C

Financial Health Score

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

Below Average

💰
$4.4M
Total Revenue
📊
$4.5M
Total Expenses
🏦
-$708K
Net Assets
📋
$4.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-3.9%
Year-over-year change (2022 → 2023)
Net Margin
-2.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.16
Net assets divided by total expenses
Liabilities-to-Assets
116.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,437,6924%$4,526,0109%$4,183,2499034%
2022$4,618,78311%$4,138,82930%$45,80099%
2021$4,167,9021%$3,182,7291%$7,580,54349%
2020$4,147,0773%$3,139,2851%$5,071,34443%
2019$4,033,5054%$3,168,9584%$8,893,62751%
2018$3,861,7786%$3,306,9848%$5,902,00423%
2017$4,108,46612%$3,581,1403%$7,687,0366%
2016$3,680,3888%$3,487,085$7,226,7522%
2015$3,410,3755%$3,484,422$7,090,5747%
2014$3,584,1637%$3,474,5322%$7,587,3501%
2013$3,837,8682%$3,423,1211%$7,643,2554%
2012$3,932,0073%$3,440,7433%$7,955,7911%
2011$3,802,661$3,348,265$7,875,333

Frequently Asked Questions

What does Devon Oaks Assisted Living Corporation do?

Devon Oaks Assisted Living Corporation is a housing & shelter nonprofit organization based in Ohio. It is classified under NTEE code L22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Devon Oaks Assisted Living Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Devon Oaks Assisted Living Corporation has a score of 43/100 (Grade: C). 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 Devon Oaks Assisted Living Corporation generate?

Devon Oaks Assisted Living Corporation reports $6.0M in annual revenue and holds $5.9M in total assets, based on IRS filings.

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