Gorman Towers Inc
Fort Smith, Arkansas
BHealth Score
55B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$2.1M
Total Revenue
📊
$1.9M
Total Expenses
🏦
-$347K
Net Assets
📋
$3.9M
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+0.4%
Year-over-year change (2022 → 2023)
Net Margin
+10.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.19
Net assets divided by total expenses
Liabilities-to-Assets
109.7%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,077,309 | $1,852,832↑7% | $3,597,272↓1% | — |
| 2022 | $2,069,509↓2% | $1,729,277↑1% | $3,620,907↑2% | — |
| 2021 | $2,108,818↑8% | $1,713,961↑3% | $3,551,810↑8% | — |
| 2020 | $1,960,493↓1% | $1,660,084↓5% | $3,287,976↑11% | — |
| 2019 | $1,988,735↑3% | $1,745,410↑9% | $2,955,998↓7% | — |
| 2018 | $1,926,252↓3% | $1,595,297↓4% | $3,179,028↑7% | — |
| 2017 | $1,978,924↓1% | $1,663,184↓13% | $2,982,243↑8% | — |
| 2016 | $2,008,116↑7% | $1,902,314↑1% | $2,771,305↓1% | — |
| 2015 | $1,875,166↑3% | $1,881,647↓6% | $2,792,217↓7% | — |
| 2014 | $1,816,437↑2% | $2,008,368↑6% | $3,006,167↓10% | — |
| 2013 | $1,780,538 | $1,903,200↑2% | $3,321,998↓6% | — |
| 2012 | $1,778,916↑2% | $1,862,553↑6% | $3,547,325↓6% | — |
| 2011 | $1,750,072 | $1,764,637 | $3,770,224 | — |
Frequently Asked Questions
What does Gorman Towers Inc do?▼
Gorman Towers Inc is a housing & shelter nonprofit organization based in Arkansas. It is classified under NTEE code L22Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Gorman Towers Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Gorman Towers Inc.
How much revenue does Gorman Towers Inc generate?▼
Gorman Towers Inc reports $2.1M in annual revenue and holds $3.6M in total assets, based on IRS filings.
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