Detroit Friendship House Inc
Hamtramck, Michigan
BHealth Score
63B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$1.1M
Total Revenue
📊
$965K
Total Expenses
🏦
$434K
Net Assets
📋
$45K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-22.2%
Year-over-year change (2022 → 2023)
Net Margin
+13.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.45
Net assets divided by total expenses
Liabilities-to-Assets
9.4%
Total liabilities as % of total assets
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,113,148↓22% | $964,807↓31% | $479,353↑42% | — |
| 2022 | $1,430,424 | $1,403,428↑1% | $336,699↑2% | — |
| 2021 | $1,437,084↑2% | $1,384,336↑3% | $331,548↑44% | — |
| 2020 | $1,403,177↓9% | $1,343,659↓12% | $230,378↑54% | — |
| 2019 | $1,533,606↓10% | $1,522,180↓10% | $150,019↑25% | — |
| 2018 | $1,697,295↑10% | $1,694,519↑8% | $119,826↑2% | — |
| 2017 | $1,536,891↑1% | $1,570,572↑4% | $117,554↓33% | — |
| 2016 | $1,526,557↑23% | $1,506,188↑25% | $174,261↑43% | — |
| 2015 | $1,244,508↑791% | $1,205,773↑774% | $121,720↑217% | — |
| 2013 | $139,752↓12% | $137,972↓28% | $38,409↑7% | — |
| 2012 | $159,437↑4% | $191,968↑18% | $35,834↓46% | — |
| 2011 | $153,714 | $162,103 | $65,953 | — |
Frequently Asked Questions
What does Detroit Friendship House Inc do?▼
Detroit Friendship House Inc is a human services nonprofit organization based in Michigan. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Detroit Friendship House Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Detroit Friendship House Inc.
How much revenue does Detroit Friendship House Inc generate?▼
Detroit Friendship House Inc reports $946K in annual revenue and holds $392K in total assets, based on IRS filings.
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