Residential Alternatives Inc
Holly, Michigan
B+Health Score
73B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$2.1M
Total Revenue
📊
$2.0M
Total Expenses
🏦
$1.1M
Net Assets
📋
$58K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-1.0%
Year-over-year change (2022 → 2023)
Net Margin
+6.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.55
Net assets divided by total expenses
Liabilities-to-Assets
5.0%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,090,753↓1% | $1,955,829↑8% | $1,141,015↑11% | |
| 2022 | $2,112,052↑9% | $1,813,213↑7% | $1,028,003↑42% | — |
| 2021 | $1,939,682 | $1,696,158 | $723,468↑4% | — |
| 2020 | $1,939,255↑18% | $1,696,474↑4% | $694,138↑249% | — |
| 2019 | $1,643,943↑5% | $1,626,074↑4% | $198,627↑12% | — |
| 2018 | $1,562,063↑4% | $1,570,735↑5% | $177,435↓5% | — |
| 2017 | $1,507,436↓2% | $1,497,590↓7% | $186,094↑8% | — |
| 2016 | $1,530,908↑3% | $1,602,568 | $172,468↓38% | — |
| 2015 | $1,482,067↓7% | $1,599,975↓2% | $279,147↓29% | — |
| 2014 | $1,597,939↓10% | $1,628,187↓12% | $390,791↓7% | — |
| 2013 | $1,773,628↓7% | $1,846,929↓8% | $419,500↓17% | — |
| 2012 | $1,914,256↓5% | $2,006,031 | $502,844↓14% | — |
| 2011 | $2,011,254 | $2,000,206 | $587,125 | — |
Frequently Asked Questions
What does Residential Alternatives Inc do?▼
Residential Alternatives 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 Residential Alternatives Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Residential Alternatives Inc.
How much revenue does Residential Alternatives Inc generate?▼
Residential Alternatives Inc reports $2.1M in annual revenue and holds $1.2M in total assets, based on IRS filings.
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