L โ€” Housing & ShelterEIN: 463642814ยท Ruling Year: 2014

New Life Furniture Bank Of Ma Inc

Medfield, Massachusetts

BHealth Score
59B

Financial Health Score

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

Above Average

๐Ÿ’ฐ
$1.1M
Total Revenue
๐Ÿ“Š
$1.1M
Total Expenses
๐Ÿฆ
$218K
Net Assets
๐Ÿ“‹
$213K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+7.9%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+0.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.20
Net assets divided by total expenses
Liabilities-to-Assets
49.4%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$1,084,503โ†‘8%$1,076,322โ†‘5%$430,174โ†‘63%
2022$1,004,997โ†‘15%$1,024,370โ†‘17%$263,766
2021$873,642โ†‘34%$873,323โ†‘46%$263,590โ†“1%
2020$650,463โ†“23%$599,501โ†“26%$266,938โ†‘25%
2019$839,931โ†‘21%$810,191โ†‘27%$214,011โ†‘17%
2018$696,089โ†‘43%$639,860โ†‘31%$182,182โ†‘65%
2017$487,843โ†‘14%$487,980โ†‘11%$110,542
2016$426,695โ†‘23%$439,067โ†‘58%$110,979โ†“10%
2015$345,565โ†‘114%$278,182โ†‘140%$123,051โ†‘121%
2014$161,639$116,103$55,668

Frequently Asked Questions

What does New Life Furniture Bank Of Ma Inc do?โ–ผ

New Life Furniture Bank Of Ma Inc is a housing & shelter nonprofit organization based in Massachusetts. It is classified under NTEE code L99 and is registered as a 501(c) tax-exempt organization with the IRS.

Is New Life Furniture Bank Of Ma Inc financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for New Life Furniture Bank Of Ma Inc.

How much revenue does New Life Furniture Bank Of Ma Inc generate?โ–ผ

New Life Furniture Bank Of Ma Inc reports $1.5M in annual revenue and holds $790K in total assets, based on IRS filings.

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