Residential Options Inc
Okemos, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 15 peers in Human Services with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $10,792,184↑2% | $11,230,457 | $5,252,784↓11% | |
| 2022 | $10,627,344↓9% | $11,186,635↑2% | $5,926,878↓4% | — |
| 2021 | $11,690,503↓5% | $10,951,818 | $6,180,516↑5% | — |
| 2020 | $12,351,128↑9% | $10,958,781↓2% | $5,871,727↑30% | — |
| 2019 | $11,317,996↑11% | $11,139,478↑9% | $4,514,016↑14% | — |
| 2018 | $10,215,617↓4% | $10,192,525↑1% | $3,971,188↓8% | — |
| 2017 | $10,654,581↑12% | $10,044,640↑8% | $4,313,563↑2% | — |
| 2016 | $9,544,953↑11% | $9,296,671↑16% | $4,210,202↑11% | — |
| 2015 | $8,616,618↑27% | $8,030,095↑23% | $3,808,025↑52% | — |
| 2014 | $6,798,261↑14% | $6,554,248↑11% | $2,510,121↑12% | — |
| 2013 | $5,989,598↑3% | $5,893,842↑7% | $2,246,405↑12% | — |
| 2012 | $5,818,417↑13% | $5,496,943↑13% | $2,001,991↑38% | — |
| 2011 | $5,137,254 | $4,843,806 | $1,452,208 | — |
Frequently Asked Questions
What does Residential Options Inc do?▼
Residential Options 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 Options Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Residential Options Inc has a score of 57/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Residential Options Inc generate?▼
Residential Options Inc reports $14.1M in annual revenue and holds $6.8M in total assets, based on IRS filings.
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