LHousing & ShelterEIN: 510139244· Ruling Year: 1980

Great Lakes Christian Homes Nonprofit Housing Corporation

Holt, Michigan

BHealth Score
56B

Financial Health Score

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

Above Average

💰
$2.9M
Total Revenue
📊
$2.7M
Total Expenses
🏦
$2.5M
Net Assets
📋
$5.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-7.9%
Year-over-year change (2022 → 2023)
Net Margin
+9.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.92
Net assets divided by total expenses
Liabilities-to-Assets
68.6%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$2,942,2348%$2,657,9581%$7,814,16513%
2022$3,195,079$2,621,3069%$8,970,6498%
2021$3,183,5161%$2,396,614$8,317,11923%
2020$3,151,59998%$2,407,381103%$6,773,37811%
2019$1,594,38947%$1,185,63146%$6,103,8067%
2018$2,989,9673%$2,194,5362%$5,691,1889%
2017$2,904,5877%$2,242,118$5,209,5479%
2016$2,712,25710%$2,253,2443%$4,774,6793%
2015$2,457,24014%$2,180,0415%$4,639,2701%
2014$2,157,4988%$2,299,8893%$4,582,3682%
2013$1,997,64497%$2,226,643104%$4,696,9666%
2012$1,015,48446%$1,089,92749%$5,010,3733%
2012$1,884,2457%$2,143,3374%$5,172,53813%
2011$2,032,928$2,230,127$5,945,040

Frequently Asked Questions

What does Great Lakes Christian Homes Nonprofit Housing Corporation do?

Great Lakes Christian Homes Nonprofit Housing Corporation is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L22Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Great Lakes Christian Homes Nonprofit Housing Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Great Lakes Christian Homes Nonprofit Housing Corporation has a score of 56/100 (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 Great Lakes Christian Homes Nonprofit Housing Corporation generate?

Great Lakes Christian Homes Nonprofit Housing Corporation reports $3.0M in annual revenue and holds $7.3M in total assets, based on IRS filings.

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