The Ludington Outboard Boat Club
Ludington, Michigan
B-Health Score
47B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$93K
Total Revenue
📊
$105K
Total Expenses
🏦
$160K
Net Assets
📋
$1K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-7.6%
Year-over-year change (2022 → 2023)
Net Margin
-12.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.53
Net assets divided by total expenses
Liabilities-to-Assets
0.6%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $93,189↓8% | $104,710↑23% | $161,426↓6% | — |
| 2022 | $100,900↑9% | $85,360 | $172,212↑10% | — |
| 2021 | $92,986↑42% | $85,364↑22% | $156,979↑6% | — |
| 2020 | $65,342↓48% | $70,218↓41% | $148,328↓3% | — |
| 2019 | $126,411↑13% | $119,125↑5% | $153,054↑5% | — |
| 2018 | $112,162↓5% | $112,938↑19% | $145,768↓9% | — |
| 2017 | $117,724↑8% | $94,802↑11% | $159,610↓8% | — |
| 2016 | $109,118↑10% | $85,765↓5% | $173,294↓6% | — |
| 2015 | $99,470↓16% | $89,869↓18% | $185,002↓10% | — |
| 2014 | $118,153↑7% | $109,592↑6% | $205,624↓9% | — |
| 2013 | $110,447↓5% | $103,176↑8% | $226,107↓7% | — |
| 2012 | $115,733↑38% | $95,679↑41% | $243,836↑345% | — |
| 2011 | $83,819 | $67,842 | $54,782 | — |
Frequently Asked Questions
What does The Ludington Outboard Boat Club do?▼
The Ludington Outboard Boat Club is a recreation & sports nonprofit organization based in Michigan. It is classified under NTEE code N50 and is registered as a 501(c) tax-exempt organization with the IRS.
Is The Ludington Outboard Boat Club financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for The Ludington Outboard Boat Club.
How much revenue does The Ludington Outboard Boat Club generate?▼
The Ludington Outboard Boat Club reports $106K in annual revenue and holds $147K in total assets, based on IRS filings.
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