ZUnclassifiedEIN: 824069577· Ruling Year: 1988

Lutheran Retirement Center - Clemmons Inc

Salisbury, North Carolina

BHealth Score
57B

Financial Health Score

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

Above Average

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.46×
Peer Median15.40×
💰
$1.3M
Total Revenue
📊
$1.2M
Total Expenses
🏦
$540K
Net Assets
📋
$11.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+7.7%
Year-over-year change (2022 → 2023)
Net Margin
+11.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.46
Net assets divided by total expenses
Liabilities-to-Assets
95.6%
Total liabilities as % of total assets

Filing History

3 filings on record
YearRevenueExpensesAssets
2023$1,336,3568%$1,180,3287%$12,304,5035%
2022$1,241,347$1,273,17838%$11,771,2074%
2021$1,241,590$921,767$11,369,431

Frequently Asked Questions

What does Lutheran Retirement Center - Clemmons Inc do?

Lutheran Retirement Center - Clemmons Inc is a unclassified nonprofit organization based in North Carolina. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lutheran Retirement Center - Clemmons Inc financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Lutheran Retirement Center - Clemmons Inc.

How much revenue does Lutheran Retirement Center - Clemmons Inc generate?

Lutheran Retirement Center - Clemmons Inc reports $1.4M in annual revenue and holds $12.1M in total assets, based on IRS filings.

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