LHousing & ShelterEIN: 834273534· Ruling Year: 2020

Core Community Partners

Bingham Farms, Michigan

B+Health Score
65B+

Financial Health Score

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

Good

💰
$2.1M
Total Revenue
📊
$444K
Total Expenses
🏦
$4.9M
Net Assets
📋
$1.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+391.6%
Year-over-year change (2022 → 2023)
Net Margin
+78.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
10.99
Net assets divided by total expenses
Liabilities-to-Assets
17.1%
Total liabilities as % of total assets

Filing History

4 filings on record
YearRevenueExpensesAssets
2023$2,069,177392%$443,94262%$5,885,60932%
2022$420,94587%$274,481108%$4,470,020
2021$3,191,7945033%$131,964701%$4,486,542204%
2020$62,184$16,470$1,473,714

Frequently Asked Questions

What does Core Community Partners do?

Core Community Partners is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L40 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Core Community Partners financially healthy?

Based on our 9-metric Financial Health Score model, Core Community Partners has a score of 65/100 (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 Core Community Partners generate?

Core Community Partners reports $3.2M in annual revenue and holds $10.3M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Housing & Shelter category, or browse all nonprofits in Michigan.