Uncategorized
990 on File
MICHIGAN HOME FOR THE ARMENIAN AGED INC
Financial strength (30%)
87/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2025
$3.6M
Total Revenue
$3.4M
Total Expenses
$2.2M
Net Assets
119
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
76.0%
Fundraising Efficiency
N/A
Operating Reserve
7.77x
Liability-to-Asset
46.9%
Revenue Diversification
98.9%
Executive Compensation
$115K
Compared with Peers
Peer comparison is not available for this organization.
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $3.6M | $3.4M | $2.2M | 76.0% | 119 |
| 2024 | $2.7M | $3.0M | $2.0M | 76.2% | 92 |
| 2023 | $2.5M | $2.8M | $2.3M | 77.2% | 82 |
| 2022 | $2.2M | $2.7M | $2.7M | 73.7% | 74 |
| 2021 | $2.6M | $2.7M | N/A | — | 77 |
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