Z — UnclassifiedEIN: 450322736

Development Homes INC

Grand Forks, North Dakota

B+Health Score
69B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.00×
Peer Median5.86×
💰
$17.9M
Total Revenue
📊
$16.4M
Total Expenses
🏦
$16.5M
Net Assets
📋
$4.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-2.0%
Year-over-year change (2022 → 2023)
Net Margin
+7.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.00
Net assets divided by total expenses
Liabilities-to-Assets
23.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$17,858,732↓2%$16,442,417↑3%$21,364,817↑14%
2022$18,220,422↓9%$15,917,734↑1%$18,682,508↑1%
2021$20,021,990↑17%$15,762,969↑1%$18,550,289↑20%
2020$17,058,054↑4%$15,644,418↓1%$15,485,437↑27%
2019$16,476,102↑100%$15,830,974↑123%$12,237,907↑11%
2018$8,224,969↓49%$7,085,878↓57%$11,035,633↑1%
2017$16,253,626↑1%$16,393,709↑3%$10,957,210↑7%
2016$16,172,633↑10%$15,888,258↑11%$10,252,570↑14%
2015$14,763,781↑1%$14,376,425↑5%$8,979,518↑6%
2014$14,624,642↑17%$13,660,186↑11%$8,473,921↑31%
2013$12,547,142↑2%$12,321,335$6,448,715↑35%
2012$12,302,968↑9%$12,340,006↑15%$4,794,137↓7%
2011$11,247,905$10,717,753$5,131,118

Frequently Asked Questions

What does Development Homes INC do?▼

Development Homes INC is a unclassified nonprofit organization based in North Dakota. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Development Homes INC financially healthy?▼

Based on our 9-metric Financial Health Score model, Development Homes INC has a score of 69/100 (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 Development Homes INC generate?▼

Development Homes INC reports $20.7M in annual revenue and holds $26.2M in total assets, based on IRS filings.

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