Forster Woods Adult Day Services
East Lansing, Michigan
B+Health Score
70B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$987K
Total Revenue
📊
$953K
Total Expenses
🏦
$303K
Net Assets
📋
$374
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+15.5%
Year-over-year change (2022 → 2023)
Net Margin
+3.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.32
Net assets divided by total expenses
Liabilities-to-Assets
0.1%
Total liabilities as % of total assets
Filing History
6 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $987,411↑16% | $953,308↑22% | $303,658↑10% | |
| 2022 | $854,808↑42% | $779,740↑43% | $275,780↑26% | — |
| 2021 | $603,595↑16% | $543,699↓6% | $218,143↑30% | — |
| 2020 | $518,451↓38% | $579,083↓29% | $167,229↑46% | — |
| 2019 | $840,906↑109% | $820,153↑110% | $114,467↑80% | — |
| 2018 | $402,324 | $390,056 | $63,566 | — |
Frequently Asked Questions
What does Forster Woods Adult Day Services do?▼
Forster Woods Adult Day Services is a human services nonprofit organization based in Michigan. It is classified under NTEE code P81 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Forster Woods Adult Day Services financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Forster Woods Adult Day Services.
How much revenue does Forster Woods Adult Day Services generate?▼
Forster Woods Adult Day Services reports $1.3M in annual revenue and holds $318K in total assets, based on IRS filings.
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