Lifelab Kids Foundation
Ferndale, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 30 peers in Philanthropy, Voluntarism & Grantmaking with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
6 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,396,855 | $2,947,858↑57% | $2,827,704↓7% | — |
| 2022 | $2,392,186↑31% | $1,874,050↑20% | $3,030,161↑86% | — |
| 2021 | $1,826,227↑46% | $1,567,221↑63% | $1,630,763↑11% | — |
| 2020 | $1,250,269↑93% | $963,542↑115% | $1,472,629↑317% | — |
| 2019 | $647,689↑242% | $449,177↑1039% | $353,124↑115% | — |
| 2018 | $189,149 | $39,442 | $164,315 | — |
Frequently Asked Questions
What does Lifelab Kids Foundation do?▼
Lifelab Kids Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Michigan. It is classified under NTEE code T50 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lifelab Kids Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Lifelab Kids Foundation has a score of 69/100 (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 Lifelab Kids Foundation generate?▼
Lifelab Kids Foundation reports $2.6M in annual revenue and holds $2.9M in total assets, based on IRS filings.
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