H G A Nonprofit Homes Inc is a 501(c)(3) organization based in Norton Shores, Michigan, registered in 1980, with $7,956,283 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$8.0M
▲ 21.2% vs prior year
Expenses (FY2024)
$6.4M
Net assets
$5.4M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for H G A Nonprofit Homes Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For H G A Nonprofit Homes Inc: 10 mo reserves · +19% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for H G A Nonprofit Homes Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For H G A Nonprofit Homes Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $5.0M (FY2013) to $8.0M (FY2024) across 10 reported years.
Financial snapshot
Operating margin
19.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$6.2M
Total liabilities
$768K
Net assets
$5.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $7,956,283▲21.2% | $6,406,384▲9.1% | $5,420,398▲40.0% | $6,187,964▲35.9% | 990 |
| 2023 | $6,562,644▲7.5% | $5,874,191▲6.0% | $3,870,499▲21.6% | $4,554,385▲12.3% | 990 |
| 2022 | $6,107,584▼12.9% | $5,544,271▼16.7% | $3,182,046▲22.6% | $4,053,966▲28.3% | 990 |
| 2021 | $7,010,894▲5.5% | $6,655,772▲7.8% | $2,596,121▲13.2% | $3,158,881▲19.8% | 990 |
| 2020 | $6,647,375▲24.3% | $6,173,633▲10.0% | $2,292,686▲38.8% | $2,637,105▲13.4% | 990 |
| 2019 | $5,346,463▼7.6% | $5,614,643▲3.3% | $1,652,321▼14.0% | $2,325,604▼5.6% | 990 |
| 2018 | $5,787,629▼12.0% | $5,432,923▼9.7% | $1,920,661▲43.0% | $2,463,566▲36.0% | 990 |
| 2015 | $6,577,977▲16.7% | $6,016,061▲11.6% | $1,342,988▲64.2% | $1,811,934▲42.2% | 990 |
| 2014 | $5,635,307▲12.3% | $5,389,722▲9.9% | $817,856▲42.9% | $1,273,993▲43.1% | 990 |
| 2013 | $5,017,210 | $4,905,831▲18.6% | $572,270▲24.2% | $889,973▲20.5% | 990 |
| 2012 | — | $4,135,908▲2.6% | $460,890▲7.2% | $738,423▲10.9% | 990 |
| 2011 | — | $4,030,286▲0.3% | $429,819▲4.0% | $665,786▼3.8% | 990 |
| 2010 | — | $4,016,528▲2.4% | $413,291▼4.3% | $692,114▼11.7% | 990 |
| 2009 | — | $3,924,046 | $431,686 | $784,211 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
2 grants to H G A Nonprofit Homes Inc totaling $27K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Feeding America West Michigan | Fight hunger | 2016 | $11,602 |
| Feeding America West Michigan | Fight hunger | 2015 | $14,953 |
Explore more
Data for H G A Nonprofit Homes Inc (EIN 38-2310386) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.