New Horizons Non Profit Apartments Inc
Warren, Michigan
BHealth Score
55B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$1.4M
Total Revenue
📊
$1.3M
Total Expenses
🏦
-$1.2M
Net Assets
📋
$4.9M
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+3.1%
Year-over-year change (2023 → 2024)
Net Margin
+12.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.94
Net assets divided by total expenses
Liabilities-to-Assets
132.1%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $1,448,693↑3% | $1,262,560↑13% | $3,695,332 | |
| 2023 | $1,404,795↑5% | $1,118,702↓11% | $3,682,306 | — |
| 2022 | $1,332,378↑4% | $1,263,507↓2% | $3,685,207↑2% | — |
| 2021 | $1,286,692↑1% | $1,289,476↑7% | $3,615,040↓4% | — |
| 2020 | $1,274,040↑1% | $1,201,632↓1% | $3,776,407↓3% | — |
| 2019 | $1,261,816↑2% | $1,208,230↑2% | $3,912,681↓1% | — |
| 2018 | $1,232,584↑1% | $1,182,299↓4% | $3,959,946↓6% | — |
| 2017 | $1,224,586↑2% | $1,233,676↑3% | $4,205,447↓1% | — |
| 2016 | $1,199,199↑1% | $1,192,354↑5% | $4,257,197↓1% | — |
| 2015 | $1,190,215 | $1,140,431↓6% | $4,313,053↓1% | — |
| 2014 | $1,184,766↓30% | $1,211,355 | $4,337,383↓3% | — |
| 2013 | $1,691,126↑21% | $1,209,526 | $4,460,484↑9% | — |
| 2012 | $1,393,014 | $1,206,584 | $4,094,048 | — |
Frequently Asked Questions
What does New Horizons Non Profit Apartments Inc do?▼
New Horizons Non Profit Apartments Inc is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L21 and is registered as a 501(c) tax-exempt organization with the IRS.
Is New Horizons Non Profit Apartments Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for New Horizons Non Profit Apartments Inc.
How much revenue does New Horizons Non Profit Apartments Inc generate?▼
New Horizons Non Profit Apartments Inc reports $1.5M in annual revenue and holds $3.5M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Housing & Shelter category, or browse all nonprofits in Michigan.