ZUnclassifiedEIN: 381387113· Ruling Year: 1948

Resthaven

Holland, Michigan

B+Health Score
68B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.12×
Peer Median5.86×
💰
$30.9M
Total Revenue
📊
$27.2M
Total Expenses
🏦
$30.3M
Net Assets
📋
$64.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+15.0%
Year-over-year change (2022 → 2023)
Net Margin
+12.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.12
Net assets divided by total expenses
Liabilities-to-Assets
68.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$30,920,91215%$27,174,4738%$94,901,49876%
2022$26,895,6708%$25,243,9434%$54,017,06751%
2021$29,087,42012%$24,361,0423%$35,879,77910%
2020$25,946,55713%$23,723,60811%$32,501,57818%
2019$22,948,1453%$21,465,7553%$27,521,6068%
2018$22,240,1708%$20,905,7863%$25,498,6686%
2017$20,616,36812%$20,394,4471%$24,069,7306%
2016$23,430,52316%$20,285,0323%$22,808,89327%
2015$20,165,4752%$19,702,449$18,010,9611%
2014$19,852,9842%$19,659,2473%$17,860,506
2013$19,558,5373%$19,077,0906%$17,822,1401%
2012$18,983,1331%$18,055,2032%$17,717,32220%
2011$18,763,408$17,656,762$14,804,135

Frequently Asked Questions

What does Resthaven do?

Resthaven is a unclassified nonprofit organization based in Michigan. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Resthaven financially healthy?

Based on our 9-metric Financial Health Score model, Resthaven has a score of 68/100 (Grade: B+). 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 Resthaven generate?

Resthaven reports $36.7M in annual revenue and holds $129.6M in total assets, based on IRS filings.

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