Area Agencies On Aging Association Of Michigan
Lansing, Michigan
BHealth Score
55B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$599K
Total Revenue
📊
$603K
Total Expenses
🏦
$153K
Net Assets
📋
$276K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+42.1%
Year-over-year change (2022 → 2023)
Net Margin
-0.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.25
Net assets divided by total expenses
Liabilities-to-Assets
64.4%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $598,845↑42% | $603,186↑46% | $428,768↓49% | |
| 2022 | $421,404↑3% | $413,484↑18% | $837,372↑76% | — |
| 2021 | $408,711↓23% | $349,451↓39% | $475,961↑32% | — |
| 2020 | $532,722↓14% | $575,546↓10% | $361,218↑28% | — |
| 2019 | $616,584↑141% | $642,771↑127% | $283,149↑42% | — |
| 2018 | $255,529↑25% | $282,681↓53% | $199,424↓13% | — |
| 2017 | $204,910↓93% | $602,013↓76% | $229,970↓62% | — |
| 2016 | $2,748,431↓2% | $2,507,787↓6% | $599,500↑59% | — |
| 2015 | $2,792,456↑812% | $2,661,749↑723% | $376,961↑63% | — |
| 2014 | $306,339↓2% | $323,605↑12% | $231,550↓3% | — |
| 2013 | $312,891↑34% | $288,609↑30% | $237,889↑13% | — |
| 2012 | $232,897↓12% | $221,339↓14% | $211,354↑6% | — |
| 2011 | $265,022 | $257,786 | $198,739 | — |
Frequently Asked Questions
What does Area Agencies On Aging Association Of Michigan do?▼
Area Agencies On Aging Association Of Michigan is a social science nonprofit organization based in Michigan. It is classified under NTEE code V36 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Area Agencies On Aging Association Of Michigan financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Area Agencies On Aging Association Of Michigan.
How much revenue does Area Agencies On Aging Association Of Michigan generate?▼
Area Agencies On Aging Association Of Michigan reports $1.8M in annual revenue and holds $1.3M in total assets, based on IRS filings.
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