Civic Intelligence

Homefront Nonprofit Housing Corporation

EIN 45-4620867 • 501(c)3 • Fort Gratiot, MI

Fort Gratiot, MI
Siviq Scores

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

Liabilities / Assets

60th percentile

0.05x

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

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

86th percentile

0.43x

Higher debt load relative to revenue than 86% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

10th percentile

-37%

Higher net margin than 10% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Asset Growth

32nd percentile

-3.3%

Faster asset growth than 32% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

46th percentile

4.3%

Faster revenue growth than 46% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$985,885

Down $38,284 (-3.7%) from 2022

Liabilities

Down

$28,265

Down $294 (-1.0%) from 2022

Net Assets

Down

$957,620

Down $37,990 (-3.8%) from 2022

Operations
Liabilities / Revenue86th percentileNet Margin10th percentile

Revenue

Up

$91,029

Up $5,639 (+6.6%) from 2022

Expenses

Up

$129,019

Up $14,733 (+13%) from 2022

Net Income

Down

-$37,990

Down $9,094 (-31%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth32nd percentile

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

$1.5M$1.0M$500K$0Assets 2015: $1,231,419Liabilities 2015: $20,286Net Assets 2015: $1,211,1332015Assets 2016: $1,195,852Liabilities 2016: $16,208Net Assets 2016: $1,179,6442016Assets 2017: $1,168,466Liabilities 2017: $12,648Net Assets 2017: $1,155,8182017Assets 2018: $1,129,734Liabilities 2018: $15,499Net Assets 2018: $1,114,2352018Assets 2019: $1,100,500Liabilities 2019: $25,603Net Assets 2019: $1,074,8972019Assets 2020: $1,073,653Liabilities 2020: $27,716Net Assets 2020: $1,045,9372020Assets 2021: $1,053,760Liabilities 2021: $29,254Net Assets 2021: $1,024,5062021Assets 2022: $1,024,169Liabilities 2022: $28,559Net Assets 2022: $995,6102022Assets 2023: $985,885Liabilities 2023: $28,265Net Assets 2023: $957,6202023

Highlighted filing

2023

Assets$985,885
Liabilities$28,265
Net Assets$957,620
Open 2023 Filing

Operations Trend

Revenue Growth46th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2015: $1,281,972Expenses 2015: $70,839Net Income 2015: $1,211,1332015Revenue 2016: $77,042Expenses 2016: $108,531Net Income 2016: -$31,4892016Revenue 2017: $77,045Expenses 2017: $100,871Net Income 2017: -$23,8262017Revenue 2018: $75,540Expenses 2018: $117,123Net Income 2018: -$41,5832018Revenue 2019: $75,594Expenses 2019: $114,932Net Income 2019: -$39,3382019Revenue 2020: $80,621Expenses 2020: $109,581Net Income 2020: -$28,9602020Revenue 2021: $88,589Expenses 2021: $110,020Net Income 2021: -$21,4312021Revenue 2022: $85,390Expenses 2022: $114,286Net Income 2022: -$28,8962022Revenue 2023: $91,029Expenses 2023: $129,019Net Income 2023: -$37,9902023

Highlighted filing

2023

Revenue$91,029
Expenses$129,019
Net Income-$37,990
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$985,885
Liabilities
$28,265
Net assets
$957,620
Revenue
$91,029
Expenses
$129,019
Net income
-$37,990
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$0.99$0.03$0.96$0.09$0.13$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.02$0.03$1.00$0.09$0.11$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.05$0.03$1.02$0.09$0.11$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.03$1.05$0.08$0.11$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$0.03$1.07$0.08$0.11$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.13$0.02$1.11$0.08$0.12$0.04
2017Summary only. Only limited summary data is available for this year.$1.17$0.01$1.16$0.08$0.10$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.20$0.02$1.18$0.08$0.11$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$0.02$1.21$1.28$0.07$1.21
Latest Filing Detail
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Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Mission and Program Overview

Mission

To provide elderly and handicapped persons with housing facilities and services specifically to meet their physical, social and psychological needs.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.