PHuman ServicesEIN: 382752705· Ruling Year: 1989

Packard Group Incorporated

Detroit, Michigan

B+Health Score
68B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

💰
$3.9M
Total Revenue
📊
$3.8M
Total Expenses
🏦
$1.4M
Net Assets
📋
$134K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-9.2%
Year-over-year change (2022 → 2023)
Net Margin
+2.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.38
Net assets divided by total expenses
Liabilities-to-Assets
8.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,879,7069%$3,774,5047%$1,566,29612%
2022$4,271,97518%$3,531,6963%$1,398,35369%
2021$3,608,16612%$3,417,9416%$826,3033%
2020$3,214,8948%$3,638,20914%$848,03413%
2019$2,967,1994%$3,192,7775%$749,31918%
2018$2,841,4607%$3,037,0215%$912,61719%
2017$3,048,6551%$3,187,5505%$1,126,91217%
2016$3,069,79018%$3,025,12616%$1,360,1197%
2015$3,744,85113%$3,600,4808%$1,266,3969%
2014$3,305,9712%$3,321,9566%$1,165,0157%
2013$3,249,1617%$3,139,48212%$1,254,73110%
2012$3,041,38620%$2,813,75512%$1,388,48049%
2011$2,539,253$2,512,499$931,800

Frequently Asked Questions

What does Packard Group Incorporated do?

Packard Group Incorporated 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 Packard Group Incorporated financially healthy?

Based on our 9-metric Financial Health Score model, Packard Group Incorporated has a score of 68/100 (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 Packard Group Incorporated generate?

Packard Group Incorporated reports $4.1M in annual revenue and holds $2.3M in total assets, based on IRS filings.

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