Independence Square Apartments Inc
Fort Gratiot, 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
💰
$102K
Total Revenue
📊
$101K
Total Expenses
🏦
-$195K
Net Assets
📋
$365K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+2.4%
Year-over-year change (2022 → 2023)
Net Margin
+0.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
-1.92
Net assets divided by total expenses
Liabilities-to-Assets
214.3%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $101,574↑2% | $101,497↑11% | $170,257↓6% | |
| 2022 | $99,187↑2% | $91,323↑14% | $181,887↓3% | — |
| 2021 | $97,549↑1% | $79,876↓13% | $187,607↑119% | — |
| 2020 | $96,463↑5% | $91,738↓4% | $85,792↓13% | — |
| 2019 | $92,225↑1% | $95,216↑10% | $98,746↓9% | — |
| 2018 | $91,725↑7% | $86,669↓6% | $108,278↓8% | — |
| 2017 | $85,905↓3% | $92,473↓12% | $117,333↓7% | — |
| 2016 | $88,359↑1% | $104,763↓11% | $125,625↓15% | — |
| 2015 | $87,414 | $117,184↑8% | $147,161↓16% | — |
| 2014 | $87,510↑93% | $108,057↑3% | $174,590↓13% | — |
| 2013 | $45,303↓49% | $104,645↓2% | $200,281↓25% | — |
| 2012 | $88,215↑3% | $107,310 | $268,764↓6% | — |
| 2011 | $85,358 | $107,210 | $285,249 | — |
Frequently Asked Questions
What does Independence Square Apartments Inc do?▼
Independence Square Apartments Inc 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 Independence Square Apartments Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Independence Square Apartments Inc.
How much revenue does Independence Square Apartments Inc generate?▼
Independence Square Apartments Inc reports $108K in annual revenue and holds $165K in total assets, based on IRS filings.
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