Lakeshore Food Club
Ludington, Michigan
B+Health Score
70B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$1.5M
Total Revenue
📊
$1.4M
Total Expenses
🏦
$467K
Net Assets
📋
$36K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+109.7%
Year-over-year change (2022 → 2023)
Net Margin
+2.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.33
Net assets divided by total expenses
Liabilities-to-Assets
7.1%
Total liabilities as % of total assets
Filing History
7 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,461,970↑110% | $1,422,307↑111% | $503,040↑15% | |
| 2022 | $697,321↑84% | $673,958↑104% | $436,458↑6% | — |
| 2022 | $378,786↓11% | $330,840↑84% | $411,392↑13% | — |
| 2021 | $425,647↑66% | $179,807↓35% | $363,364↑187% | — |
| 2020 | $256,004↓14% | $276,278↓16% | $126,464↓10% | — |
| 2019 | $298,382↓10% | $330,041↑94% | $141,202↓18% | — |
| 2018 | $331,338 | $169,783 | $172,068 | — |
Frequently Asked Questions
What does Lakeshore Food Club do?▼
Lakeshore Food Club is a human services nonprofit organization based in Michigan. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lakeshore Food Club financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Lakeshore Food Club.
How much revenue does Lakeshore Food Club generate?▼
Lakeshore Food Club reports $1.4M in annual revenue and holds $589K in total assets, based on IRS filings.
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