LHousing & ShelterEIN: 362296657· Ruling Year: 2008

Mdbm-drake Senior Housing Corporation

Farmingtn Hls, Michigan

BHealth Score
59B

Financial Health Score

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

Above Average

💰
$1.4M
Total Revenue
📊
$1.2M
Total Expenses
🏦
-$1.7M
Net Assets
📋
$3.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+10.7%
Year-over-year change (2022 → 2023)
Net Margin
+16.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
-1.45
Net assets divided by total expenses
Liabilities-to-Assets
202.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,421,52611%$1,186,9117%$1,674,8487%
2022$1,284,35231%$1,277,52918%$1,571,87514%
2021$981,4711%$1,079,7321%$1,832,1857%
2020$975,653$1,088,9662%$1,964,870
2019$975,3764%$1,067,2611%$1,967,30911%
2018$937,318$1,060,8952%$2,204,1028%
2017$935,8271%$1,041,8612%$2,392,691
2016$928,3714%$1,061,9212%$2,391,42611%
2015$889,0451%$1,081,8192%$2,680,4137%
2014$883,14979%$1,100,7523%$2,875,3149%
2013$492,61451%$1,066,2383%$3,151,90515%
2012$1,003,084$1,094,1243%$3,718,0743%
2011$1,005,373$1,062,001$3,840,547

Frequently Asked Questions

What does Mdbm-drake Senior Housing Corporation do?

Mdbm-drake Senior Housing Corporation is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Mdbm-drake Senior Housing Corporation financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Mdbm-drake Senior Housing Corporation.

How much revenue does Mdbm-drake Senior Housing Corporation generate?

Mdbm-drake Senior Housing Corporation reports $1.5M in annual revenue and holds $1.8M in total assets, based on IRS filings.

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