L โ€” Housing & ShelterEIN: 921292955ยท Ruling Year: 2023

Waters Tower Senior Housing Inc

Warren, Michigan

FHealth Score
20F

Financial Health Score

Provisional

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

Critical

๐Ÿ’ฐ
$647K
Total Revenue
๐Ÿ“Š
$891K
Total Expenses
๐Ÿฆ
-$244K
Net Assets
๐Ÿ“‹
$40.1M
Total Liabilities

Financial Health Indicators

Net Margin
-37.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.27
Net assets divided by total expenses
Liabilities-to-Assets
100.6%
Total liabilities as % of total assets

Filing History

1 filings on record
YearRevenueExpensesAssets
2023$646,881$891,350$39,876,197

Frequently Asked Questions

What does Waters Tower Senior Housing Inc do?โ–ผ

Waters Tower Senior Housing Inc is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Waters Tower Senior Housing Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Waters Tower Senior Housing Inc has a score of 20/100 (Grade: F). 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 Waters Tower Senior Housing Inc generate?โ–ผ

Waters Tower Senior Housing Inc reports $3.4M in annual revenue and holds $39.0M in total assets, based on IRS filings.

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Waters Tower Senior Housing Inc โ€” Warren, MI | GiveScope