Northwest Michigan Rural Housing Partnership
Traverse City, Michigan
BHealth Score
59B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$662K
Total Revenue
📊
$622K
Total Expenses
🏦
$449K
Net Assets
📋
$197K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+32.3%
Year-over-year change (2022 → 2023)
Net Margin
+6.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.72
Net assets divided by total expenses
Liabilities-to-Assets
30.5%
Total liabilities as % of total assets
Filing History
4 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $662,055↑32% | $622,246↑21% | $646,149↑25% | — |
| 2022 | $500,394↑226% | $514,413↑68% | $515,103↑18% | — |
| 2021 | $153,727↓81% | $306,014↑23% | $435,148↓27% | — |
| 2020 | $823,756 | $247,936 | $595,988 | — |
Frequently Asked Questions
What does Northwest Michigan Rural Housing Partnership do?▼
Northwest Michigan Rural Housing Partnership is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Northwest Michigan Rural Housing Partnership financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Northwest Michigan Rural Housing Partnership.
How much revenue does Northwest Michigan Rural Housing Partnership generate?▼
Northwest Michigan Rural Housing Partnership reports $880K in annual revenue and holds $658K in total assets, based on IRS filings.
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