Michigan Institute Of Laundering & Drycleaning Inc
Okemos, Michigan
BHealth Score
62B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$139K
Total Revenue
📊
$107K
Total Expenses
🏦
$615K
Net Assets
📋
$31K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-9.3%
Year-over-year change (2022 → 2023)
Net Margin
+23.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
5.74
Net assets divided by total expenses
Liabilities-to-Assets
4.8%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $139,430↓9% | $107,216↓20% | $646,115↑18% | |
| 2022 | $153,799↓31% | $134,171↑20% | $545,563↓4% | — |
| 2021 | $223,960↑45% | $112,149↑9% | $570,993↑8% | — |
| 2020 | $154,290↓4% | $102,806↓14% | $526,348↑12% | — |
| 2019 | $160,881↓9% | $119,471↓3% | $468,722↑19% | — |
| 2018 | $177,277↑7% | $122,647↑1% | $394,003↑11% | — |
| 2017 | $166,405↓7% | $120,925↓34% | $355,975↑29% | — |
| 2016 | $178,418↑5% | $182,768↑30% | $275,286↑1% | — |
| 2015 | $169,436↓2% | $140,148↑38% | $272,944↑25% | — |
| 2014 | $172,577↓17% | $101,903↓34% | $219,201↑36% | — |
| 2013 | $207,370↑76% | $153,810↑131% | $161,489↑71% | — |
| 2012 | $118,076↑19% | $66,569↓10% | $94,443↑124% | — |
| 2011 | $99,584 | $74,331 | $42,088 | — |
Frequently Asked Questions
What does Michigan Institute Of Laundering & Drycleaning Inc do?▼
Michigan Institute Of Laundering & Drycleaning Inc 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 Michigan Institute Of Laundering & Drycleaning Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Michigan Institute Of Laundering & Drycleaning Inc.
How much revenue does Michigan Institute Of Laundering & Drycleaning Inc generate?▼
Michigan Institute Of Laundering & Drycleaning Inc reports $202K in annual revenue and holds $790K in total assets, based on IRS filings.
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