ZUnclassifiedEIN: 383163460· Ruling Year: 1994

Southgate Properties

Southgate, Michigan

A-Health Score
78A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org7.34×
Peer Median15.40×
💰
$2.6M
Total Revenue
📊
$1.9M
Total Expenses
🏦
$14.2M
Net Assets
📋
$1.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+6.0%
Year-over-year change (2022 → 2023)
Net Margin
+25.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
7.34
Net assets divided by total expenses
Liabilities-to-Assets
10.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,604,9816%$1,937,26517%$15,871,96315%
2022$2,456,9329%$1,658,54916%$13,754,3861%
2021$2,254,1691%$1,428,7151%$13,912,5466%
2020$2,285,8761%$1,439,4163%$14,811,570
2019$2,309,937$1,477,90219%$14,763,7492%
2018$2,298,9342%$1,834,56519%$14,514,3535%
2017$2,334,7568%$1,542,7694%$15,283,1761%
2016$2,533,90115%$1,477,2661%$15,068,4784%
2015$2,206,257$1,491,14914%$14,518,5151%
2014$2,217,13317%$1,740,02817%$14,438,400
2013$2,655,3192%$2,086,1842%$14,429,104
2012$2,698,374$2,130,0163%$14,364,1011%
2011$2,685,442$2,071,960$14,251,055

Frequently Asked Questions

What does Southgate Properties do?

Southgate Properties is a unclassified nonprofit organization based in Michigan. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Southgate Properties financially healthy?

Based on our 9-metric Financial Health Score model, Southgate Properties has a score of 78/100 (Grade: A-). 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 Southgate Properties generate?

Southgate Properties reports $2.7M in annual revenue and holds $16.6M in total assets, based on IRS filings.

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