Mariners Court Apartments
Fort Gratiot, Michigan
CHealth Score
39C
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Below Average
💰
$113K
Total Revenue
📊
$154K
Total Expenses
🏦
$309K
Net Assets
📋
$157K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-13.1%
Year-over-year change (2022 → 2023)
Net Margin
-35.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.01
Net assets divided by total expenses
Liabilities-to-Assets
33.7%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $113,389↓13% | $154,066↑10% | $466,909↓4% | |
| 2022 | $130,446↓20% | $140,538↓24% | $486,025↓10% | — |
| 2021 | $162,175↑33% | $185,378↑57% | $541,248↓15% | — |
| 2020 | $121,850↑22% | $118,100↑4% | $637,204↑2% | — |
| 2019 | $99,756↑7% | $113,630↑7% | $626,425↓4% | — |
| 2018 | $93,404↑2% | $106,227↓6% | $649,745↓2% | — |
| 2017 | $91,438↓2% | $112,843↑4% | $662,404↓2% | — |
| 2016 | $93,124↑4% | $108,332↓67% | $676,297↓2% | — |
| 2015 | $89,343↓3% | $323,751↑210% | $688,606↓3% | — |
| 2014 | $91,944 | $104,512↓4% | $708,814↓1% | — |
| 2013 | $91,751↓2% | $109,409↑8% | $713,041↓5% | — |
| 2012 | $93,663↓7% | $101,537↓4% | $753,430 | — |
| 2011 | $100,447 | $105,531 | $756,541 | — |
Frequently Asked Questions
What does Mariners Court Apartments do?▼
Mariners Court Apartments is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L22 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Mariners Court Apartments financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Mariners Court Apartments.
How much revenue does Mariners Court Apartments generate?▼
Mariners Court Apartments reports $124K in annual revenue and holds $429K in total assets, based on IRS filings.
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