Otsego Senior Apartments
Otsego, Michigan
A-Health Score
83A-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Very Good
💰
$592K
Total Revenue
📊
$475K
Total Expenses
🏦
$1.1M
Net Assets
📋
$219K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+11.9%
Year-over-year change (2022 → 2023)
Net Margin
+19.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.42
Net assets divided by total expenses
Liabilities-to-Assets
16.0%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $592,044↑12% | $474,916↓1% | $1,366,756↓2% | — |
| 2022 | $528,989↑2% | $479,059↑16% | $1,397,632↑1% | — |
| 2021 | $519,780↓18% | $412,971↓4% | $1,378,814↑3% | — |
| 2020 | $636,216↑24% | $431,547↓1% | $1,338,256↑13% | — |
| 2019 | $514,974↑18% | $433,984↓2% | $1,179,638↑2% | — |
| 2018 | $437,572↓11% | $440,867↑2% | $1,153,131↓12% | — |
| 2017 | $493,708↑2% | $432,017↑6% | $1,306,284↑8% | — |
| 2016 | $483,496↑1% | $409,097↓6% | $1,209,199↑2% | — |
| 2015 | $480,724↓15% | $434,106↓15% | $1,189,560↓1% | — |
| 2014 | $562,568↑2% | $507,904↑4% | $1,196,378↑1% | — |
| 2013 | $552,125↑2% | $488,042↑3% | $1,187,689↑3% | — |
| 2012 | $540,899↑2% | $474,110↓3% | $1,158,245↑3% | — |
| 2011 | $528,686 | $489,311 | $1,127,745 | — |
Frequently Asked Questions
What does Otsego Senior Apartments do?▼
Otsego Senior Apartments is a unclassified nonprofit organization based in Michigan. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Otsego Senior Apartments financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Otsego Senior Apartments.
How much revenue does Otsego Senior Apartments generate?▼
Otsego Senior Apartments reports $571K in annual revenue and holds $1.4M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Unclassified category, or browse all nonprofits in Michigan.