TPhilanthropy, Voluntarism & GrantmakingEIN: 237384822· Ruling Year: 1974

Community Foundation For Northeast Michigan

Alpena, Michigan

B+Health Score
66B+

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)

This Org20.38×
Peer Median15.61×
💰
$6.1M
Total Revenue
📊
$2.7M
Total Expenses
🏦
$54.6M
Net Assets
📋
$13.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-39.4%
Year-over-year change (2022 → 2023)
Net Margin
+56.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
20.38
Net assets divided by total expenses
Liabilities-to-Assets
19.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,092,21539%$2,677,0289%$67,533,89718%
2022$10,053,01113%$2,938,93815%$57,315,46214%
2021$11,593,887194%$2,557,7853%$66,334,77930%
2020$3,946,90527%$2,639,68419%$51,032,1586%
2019$3,114,31143%$2,227,4663%$48,281,3771%
2018$5,500,75411%$2,169,89311%$47,831,0629%
2017$4,951,89160%$2,425,13732%$43,686,05315%
2016$3,093,26819%$1,843,30011%$38,114,5439%
2015$3,818,33542%$1,666,38328%$35,058,3073%
2014$6,549,40579%$1,306,93421%$36,002,82027%
2013$3,655,34274%$1,084,1594%$28,418,20917%
2012$2,101,86220%$1,133,53523%$24,243,74822%
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.

Similar Organizations

Explore more organizations in the Philanthropy, Voluntarism & Grantmaking category, or browse all nonprofits in Michigan.

Community Foundation For Northeast Michigan — Alpena, MI | GiveScope