Community Foundation For Northeast Michigan
Alpena, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 30 peers in Philanthropy, Voluntarism & Grantmaking with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $6,092,215↓39% | $2,677,028↓9% | $67,533,897↑18% | — |
| 2022 | $10,053,011↓13% | $2,938,938↑15% | $57,315,462↓14% | — |
| 2021 | $11,593,887↑194% | $2,557,785↓3% | $66,334,779↑30% | — |
| 2020 | $3,946,905↑27% | $2,639,684↑19% | $51,032,158↑6% | — |
| 2019 | $3,114,311↓43% | $2,227,466↑3% | $48,281,377↑1% | — |
| 2018 | $5,500,754↑11% | $2,169,893↓11% | $47,831,062↑9% | — |
| 2017 | $4,951,891↑60% | $2,425,137↑32% | $43,686,053↑15% | — |
| 2016 | $3,093,268↓19% | $1,843,300↑11% | $38,114,543↑9% | — |
| 2015 | $3,818,335↓42% | $1,666,383↑28% | $35,058,307↓3% | — |
| 2014 | $6,549,405↑79% | $1,306,934↑21% | $36,002,820↑27% | — |
| 2013 | $3,655,342↑74% | $1,084,159↓4% | $28,418,209↑17% | — |
| 2012 | $2,101,862↑20% | $1,133,535↓23% | $24,243,748↑22% | — |
| 2011 | $1,750,741 | $1,469,066 | $19,894,351 | — |
Frequently Asked Questions
What does Community Foundation For Northeast Michigan do?▼
Community Foundation For Northeast Michigan is a philanthropy, voluntarism & grantmaking nonprofit organization based in Michigan. It is classified under NTEE code T310 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Community Foundation For Northeast Michigan financially healthy?▼
Based on our 9-metric Financial Health Score model, Community Foundation For Northeast Michigan has a score of 66/100 (Grade: B+). 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 Community Foundation For Northeast Michigan generate?▼
Community Foundation For Northeast Michigan reports $5.2M in annual revenue and holds $80.4M in total assets, based on IRS filings.
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