F โ€” Mental Health & Crisis InterventionEIN: 832751753ยท Ruling Year: 2019

Garretts Space

Ann Arbor, Michigan

A-Health Score
80A-

Financial Health Score

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

Very Good

๐Ÿ’ฐ
$4.8M
Total Revenue
๐Ÿ“Š
$295K
Total Expenses
๐Ÿฆ
$5.7M
Net Assets
๐Ÿ“‹
$2.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+505.6%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+93.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
19.33
Net assets divided by total expenses
Liabilities-to-Assets
33.3%
Total liabilities as % of total assets

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$4,804,283โ†‘506%$294,748โ†‘100%$8,544,468โ†‘602%
2022$793,276โ†‘244%$147,343โ†‘14%$1,217,398โ†‘123%
2021$230,378โ†“41%$128,827โ†‘238%$545,745โ†‘24%
2020$390,750โ†‘271%$38,070โ†‘129%$440,539โ†‘399%
2019$105,185$16,621$88,272

Frequently Asked Questions

What does Garretts Space do?โ–ผ

Garretts Space is a mental health & crisis intervention nonprofit organization based in Michigan. It is classified under NTEE code F11 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Garretts Space financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Garretts Space has a score of 80/100 (Grade: A-). 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 Garretts Space generate?โ–ผ

Garretts Space reports $2.6M in annual revenue and holds $10.6M in total assets, based on IRS filings.

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Garretts Space โ€” Ann Arbor, MI | GiveScope