LHousing & ShelterEIN: 383666288· Ruling Year: 2004

Cinnaire Lending Corporation

Lansing, Michigan

A-Health Score
79A-

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 3 peers in Housing & Shelter with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org3.70×
Peer Median12.01×
💰
$17.0M
Total Revenue
📊
$10.4M
Total Expenses
🏦
$38.5M
Net Assets
📋
$92.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+34.1%
Year-over-year change (2022 → 2023)
Net Margin
+38.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.70
Net assets divided by total expenses
Liabilities-to-Assets
70.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$17,020,56134%$10,410,5569%$130,855,62128%
2022$12,692,63528%$9,591,2489%$102,169,09935%
2021$9,899,34623%$8,810,95040%$75,621,0591%
2020$8,035,0281%$6,282,76362%$74,702,48134%
2019$7,989,2884%$3,873,80113%$55,555,96865%
2018$8,323,703147%$3,428,7733%$33,738,45519%
2017$3,373,85863%$3,524,11950%$28,417,1557%
2016$9,095,145185%$7,086,946146%$26,669,151
2015$3,187,02140%$2,886,56538%$26,544,40811%
2014$5,287,370369%$4,639,432362%$29,722,4356%
2013$1,126,43589%$1,003,81544%$27,953,7209%
2012$10,372,55191%$1,804,468198%$25,595,63264%
2011$5,416,633$605,955$15,611,330

Frequently Asked Questions

What does Cinnaire Lending Corporation do?

Cinnaire Lending Corporation is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L80 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Cinnaire Lending Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Cinnaire Lending Corporation has a score of 79/100 (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 Cinnaire Lending Corporation generate?

Cinnaire Lending Corporation reports $19.3M in annual revenue and holds $157.3M in total assets, based on IRS filings.

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