Hart Area Recreation
Hart, Michigan
B+Health Score
65B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$71K
Total Revenue
📊
$53K
Total Expenses
🏦
$22K
Net Assets
📋
$476
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+70.1%
Year-over-year change (2022 → 2023)
Net Margin
+25.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.42
Net assets divided by total expenses
Liabilities-to-Assets
2.1%
Total liabilities as % of total assets
Filing History
8 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $70,984↑70% | $52,762↑24% | $22,856↑450% | |
| 2022 | $41,738↓27% | $42,469↓12% | $4,156↓72% | — |
| 2019 | $56,830↑16% | $48,491↓1% | $14,766↑130% | — |
| 2018 | $49,111↓2% | $48,802↓4% | $6,427↑5% | — |
| 2017 | $50,298↑4% | $50,716↓7% | $6,118↓6% | — |
| 2016 | $48,540↑7% | $54,795↑16% | $6,536↓49% | — |
| 2015 | $45,380↑390% | $47,189↑554% | $12,791↓38% | — |
| 2013 | $9,268 | $7,210 | $20,634 | — |
Frequently Asked Questions
What does Hart Area Recreation do?▼
Hart Area Recreation is a recreation & sports nonprofit organization based in Michigan. It is classified under NTEE code N50 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Hart Area Recreation financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Hart Area Recreation.
How much revenue does Hart Area Recreation generate?▼
Hart Area Recreation reports $85K in annual revenue and holds $48K in total assets, based on IRS filings.
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