Freedom Work Opportunities Inc
Highland, Michigan
B-Health Score
54B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
๐ฐ
$1.9M
Total Revenue
๐
$2.0M
Total Expenses
๐ฆ
$346K
Net Assets
๐
$870K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-6.6%
Year-over-year change (2022 โ 2023)
Net Margin
-2.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.18
Net assets divided by total expenses
Liabilities-to-Assets
71.6%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,910,800โ7% | $1,963,585โ9% | $1,215,380โ2% | |
| 2022 | $2,045,974โ52% | $1,802,791โ52% | $1,239,151โ8% | โ |
| 2021 | $1,342,263โ31% | $1,185,314โ23% | $1,353,066โ4% | โ |
| 2020 | $1,028,172โ50% | $1,531,278โ26% | $1,300,988โ13% | โ |
| 2019 | $2,057,040โ4% | $2,064,641โ9% | $1,494,650โ16% | โ |
| 2018 | $2,135,609โ14% | $2,277,803โ15% | $1,782,869โ10% | โ |
| 2017 | $2,491,475โ5% | $2,694,187โ3% | $1,974,234โ9% | โ |
| 2016 | $2,626,138โ7% | $2,776,043โ1% | $2,168,167โ6% | โ |
| 2015 | $2,827,786โ11% | $2,811,256โ7% | $2,297,120โ6% | โ |
| 2014 | $3,172,497โ5% | $3,025,047โ1% | $2,438,656โ34% | โ |
| 2013 | $3,010,056โ4% | $3,059,242โ4% | $1,826,273โ2% | โ |
| 2012 | $3,130,868โ7% | $2,946,070โ4% | $1,797,408โ25% | โ |
| 2011 | $2,914,224 | $2,819,977 | $1,439,130 | โ |
Frequently Asked Questions
What does Freedom Work Opportunities Inc do?โผ
Freedom Work Opportunities Inc is a employment nonprofit organization based in Michigan. It is classified under NTEE code J330 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Freedom Work Opportunities Inc financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Freedom Work Opportunities Inc.
How much revenue does Freedom Work Opportunities Inc generate?โผ
Freedom Work Opportunities Inc reports $1.5M in annual revenue and holds $1.1M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Employment category, or browse all nonprofits in Michigan.