Resident Advancement Inc
Fenton, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $7,482,084↓4% | $7,505,889↓3% | $3,311,243↑7% | |
| 2023 | $7,778,412↑2% | $7,733,531↑2% | $3,100,958↑4% | — |
| 2022 | $7,662,027↑13% | $7,596,937↑13% | $2,985,554 | — |
| 2021 | $6,780,084↓8% | $6,749,156↑9% | $2,983,839↑5% | — |
| 2020 | $7,382,383↑32% | $6,188,397↑8% | $2,830,091↑82% | — |
| 2019 | $5,612,579↓1% | $5,750,073↑1% | $1,551,579↓8% | — |
| 2018 | $5,687,890 | $5,674,463↑1% | $1,686,299↑1% | — |
| 2017 | $5,663,464↑2% | $5,642,995↑7% | $1,663,887↑2% | — |
| 2016 | $5,569,531↓5% | $5,288,639↓10% | $1,627,189↓2% | — |
| 2015 | $5,850,177↑1% | $5,875,183↑1% | $1,659,718↑6% | — |
| 2014 | $5,818,397↑2% | $5,808,272↓3% | $1,563,847↑5% | — |
| 2013 | $5,715,450↑1% | $5,965,836↑1% | $1,484,368↓13% | — |
| 2012 | $5,675,628↓1% | $5,934,517↑5% | $1,699,986↓11% | — |
| 2011 | $5,734,912 | $5,653,615 | $1,913,781 | — |
Frequently Asked Questions
What does Resident Advancement Inc do?▼
Resident Advancement 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 Resident Advancement Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Resident Advancement Inc has a score of 63/100 (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 Resident Advancement Inc generate?▼
Resident Advancement Inc reports $7.7M in annual revenue and holds $3.3M in total assets, based on IRS filings.
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