New Growth Project
Rockford, Michigan
B-Health Score
49B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$219K
Total Revenue
📊
$254K
Total Expenses
🏦
$38K
Net Assets
📋
$29K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-21.8%
Year-over-year change (2022 → 2023)
Net Margin
-16.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.15
Net assets divided by total expenses
Liabilities-to-Assets
43.2%
Total liabilities as % of total assets
Filing History
3 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $219,075↓22% | $254,410↑9% | $67,008↓39% | — |
| 2022 | $280,058↑439% | $234,122↑768% | $110,750↑342% | — |
| 2021 | $51,999 | $26,967 | $25,032 | — |
Frequently Asked Questions
What does New Growth Project do?▼
New Growth Project is a employment nonprofit organization based in Michigan. It is classified under NTEE code J33 and is registered as a 501(c) tax-exempt organization with the IRS.
Is New Growth Project financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for New Growth Project.
How much revenue does New Growth Project generate?▼
New Growth Project reports $329K in annual revenue and holds $104K in total assets, based on IRS filings.
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