Civic Intelligence

Marygrove Non-Profit Housing Corporation II

EIN 38-3085032 • 501(c)3 • Warren, MI

Profile

To acquire, own, improve, and operate a low-income rental housing community.

8425 E Twelve Mile RoadWarren, MI 48093

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.13x

Higher debt load relative to assets than 60% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

65th percentile

0.18x

Higher debt load relative to revenue than 65% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

82nd percentile

34%

Higher net margin than 82% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

96th percentile

$368,043

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 26.2% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

23rd percentile

-5.4%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

92nd percentile

110%

Faster revenue growth than 92% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$2,031,823

Down $115,521 (-5.4%) from 2023

Liabilities

Down

$254,972

Down $587,195 (-70%) from 2023

Net Assets

Up

$1,776,851

Up $471,674 (+36%) from 2023

Revenue

Up

$1,402,693

Up $734,419 (+110%) from 2023

Expenses

Up

$931,019

Up $171,302 (+23%) from 2023

Net Income

Up

$471,674

Up $563,117 (+616%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $3,257,034Liabilities 2010: $267,977Net Assets 2010: $2,989,0572010Assets 2011: $3,156,181Liabilities 2011: $290,491Net Assets 2011: $2,865,6902011Assets 2012: $3,032,593Liabilities 2012: $260,372Net Assets 2012: $2,772,2212012Assets 2013: $2,967,955Liabilities 2013: $303,039Net Assets 2013: $2,664,9162013Assets 2014: $2,874,646Liabilities 2014: $184,932Net Assets 2014: $2,689,7142014Assets 2015: $2,731,021Liabilities 2015: $166,141Net Assets 2015: $2,564,8802015Assets 2016: $2,657,662Liabilities 2016: $219,585Net Assets 2016: $2,438,0772016Assets 2017: $2,610,551Liabilities 2017: $257,839Net Assets 2017: $2,352,7122017Assets 2018: $2,504,786Liabilities 2018: $297,652Net Assets 2018: $2,207,1342018Assets 2019: $2,531,614Liabilities 2019: $543,271Net Assets 2019: $1,988,3432019Assets 2020: $2,423,009Liabilities 2020: $686,142Net Assets 2020: $1,736,8672020Assets 2021: $2,344,995Liabilities 2021: $813,423Net Assets 2021: $1,531,5722021Assets 2022: $2,246,406Liabilities 2022: $849,786Net Assets 2022: $1,396,6202022Assets 2023: $2,147,344Liabilities 2023: $842,167Net Assets 2023: $1,305,1772023Assets 2024: $2,031,823Liabilities 2024: $254,972Net Assets 2024: $1,776,8512024

Highlighted filing

2024

Assets$2,031,823
Liabilities$254,972
Net Assets$1,776,851

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $620,8142010Expenses 2011: $652,3212011Expenses 2012: $641,6362012Revenue 2013: $562,368Expenses 2013: $669,673Net Income 2013: -$107,3052013Revenue 2014: $779,655Expenses 2014: $754,857Net Income 2014: $24,7982014Revenue 2015: $567,570Expenses 2015: $692,404Net Income 2015: -$124,8342015Revenue 2016: $561,668Expenses 2016: $688,471Net Income 2016: -$126,8032016Revenue 2017: $572,300Expenses 2017: $657,665Net Income 2017: -$85,3652017Revenue 2018: $563,761Expenses 2018: $709,339Net Income 2018: -$145,5782018Revenue 2019: $570,674Expenses 2019: $789,465Net Income 2019: -$218,7912019Revenue 2020: $566,376Expenses 2020: $817,852Net Income 2020: -$251,4762020Revenue 2021: $585,799Expenses 2021: $791,094Net Income 2021: -$205,2952021Revenue 2022: $633,479Expenses 2022: $768,431Net Income 2022: -$134,9522022Revenue 2023: $668,274Expenses 2023: $759,717Net Income 2023: -$91,4432023Revenue 2024: $1,402,693Expenses 2024: $931,019Net Income 2024: $471,6742024

Highlighted filing

2024

Revenue$1,402,693
Expenses$931,019
Net Income$471,674

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.03$0.25$1.78$1.40$0.93$0.47
2023Detailed filing. Detailed filing data is available for this year.$2.15$0.84$1.31$0.67$0.76$0.09
2022Detailed filing. Detailed filing data is available for this year.$2.25$0.85$1.40$0.63$0.77$0.13
2021Detailed filing. Detailed filing data is available for this year.$2.34$0.81$1.53$0.59$0.79$0.21
2020Detailed filing. Detailed filing data is available for this year.$2.42$0.69$1.74$0.57$0.82$0.25
2019Detailed filing. Detailed filing data is available for this year.$2.53$0.54$1.99$0.57$0.79$0.22
2018Detailed filing. Detailed filing data is available for this year.$2.50$0.30$2.21$0.56$0.71$0.15
2017Detailed filing. Detailed filing data is available for this year.$2.61$0.26$2.35$0.57$0.66$0.09
2016Detailed filing. Detailed filing data is available for this year.$2.66$0.22$2.44$0.56$0.69$0.13
2015Detailed filing. Detailed filing data is available for this year.$2.73$0.17$2.56$0.57$0.69$0.12
2014Detailed filing. Detailed filing data is available for this year.$2.87$0.18$2.69$0.78$0.75$0.02
2013Detailed filing. Detailed filing data is available for this year.$2.97$0.30$2.66$0.56$0.67$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.03$0.26$2.77$0.64
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.16$0.29$2.87$0.65
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.26$0.27$2.99$0.62