Harbor Springs Library
Harbor Spgs, Michigan
B-Health Score
53B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$173K
Total Revenue
📊
$214K
Total Expenses
🏦
$568K
Net Assets
📋
$2K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-5.1%
Year-over-year change (2022 → 2023)
Net Margin
-23.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.65
Net assets divided by total expenses
Liabilities-to-Assets
0.3%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $173,066↓5% | $214,124↑85% | $569,708↓8% | |
| 2022 | $182,358↓3% | $115,446↓19% | $618,155↑11% | — |
| 2021 | $188,537↓5% | $142,672↑9% | $554,693↑6% | — |
| 2020 | $198,541↑22% | $131,063↓5% | $521,397↑21% | — |
| 2019 | $162,482↑27% | $138,203↑8% | $432,268↑10% | — |
| 2018 | $127,946↓14% | $128,189↑8% | $391,601 | — |
| 2017 | $148,779↑38% | $119,083↑9% | $392,787↑8% | — |
| 2016 | $108,001↓38% | $109,033↓27% | $364,027↑1% | — |
| 2015 | $173,487↑32% | $150,156↑15% | $359,148↑5% | — |
| 2014 | $130,997↓29% | $130,794↓9% | $343,447↑2% | — |
| 2013 | $184,657↑30% | $143,031↓1% | $335,581↓3% | — |
| 2012 | $142,381↑14% | $143,945↑14% | $345,461 | — |
| 2011 | $125,438 | $126,145 | $346,691 | — |
Frequently Asked Questions
What does Harbor Springs Library do?▼
Harbor Springs Library is a education nonprofit organization based in Michigan. It is classified under NTEE code B71Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Harbor Springs Library financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Harbor Springs Library.
How much revenue does Harbor Springs Library generate?▼
Harbor Springs Library reports $207K in annual revenue and holds $533K in total assets, based on IRS filings.