PHuman ServicesEIN: 382128564· Ruling Year: 1978

Heritage Homes Inc

Holland, Michigan

A-Health Score
82A-

Financial Health Score

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

Very Good

💰
$4.6M
Total Revenue
📊
$4.3M
Total Expenses
🏦
$3.0M
Net Assets
📋
$440K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+16.2%
Year-over-year change (2022 → 2023)
Net Margin
+5.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.70
Net assets divided by total expenses
Liabilities-to-Assets
12.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,575,93516%$4,315,40611%$3,450,7125%
2022$3,936,8685%$3,882,99623%$3,291,9871%
2021$3,761,73941%$3,155,9696%$3,250,3792%
2020$2,661,26515%$2,985,0414%$3,202,3336%
2019$3,120,11617%$3,114,75911%$3,011,6751%
2018$3,758,4504%$3,507,3625%$3,027,0312%
2017$3,902,3001%$3,711,0535%$2,953,39948%
2016$3,876,72111%$3,919,63111%$5,634,612102%
2015$3,506,8167%$3,531,1816%$2,783,617
2014$3,759,7097%$3,750,3428%$2,784,7441%
2013$3,528,5472%$3,477,0531%$2,803,3311%
2012$3,443,023$3,452,512$2,775,1894%
2011$3,459,214$3,451,815$2,888,490

Frequently Asked Questions

What does Heritage Homes Inc do?

Heritage Homes Inc is a human services nonprofit organization based in Michigan. It is classified under NTEE code P73Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Heritage Homes Inc financially healthy?

Based on our 9-metric Financial Health Score model, Heritage Homes Inc has a score of 82/100 (Grade: A-). 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 Heritage Homes Inc generate?

Heritage Homes Inc reports $4.6M in annual revenue and holds $3.9M in total assets, based on IRS filings.

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