BEducationEIN: 237436918· Ruling Year: 1975

Midwest Collaborative For Library Services Inc

Lansing, Michigan

BHealth Score
58B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.36×
Peer Median9.48×
💰
$26.7M
Total Revenue
📊
$27.1M
Total Expenses
🏦
$9.6M
Net Assets
📋
$6.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+1.5%
Year-over-year change (2022 → 2023)
Net Margin
-1.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.36
Net assets divided by total expenses
Liabilities-to-Assets
40.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$26,726,1312%$27,088,7143%$16,242,9087%
2022$26,325,7101%$26,201,2112%$17,419,23315%
2021$26,161,6398%$25,780,4979%$15,149,26312%
2020$28,431,1583%$28,231,5011%$17,213,44115%
2019$27,697,2895%$27,872,9734%$15,009,3493%
2018$29,114,6534%$29,039,2574%$14,602,1732%
2017$27,929,3753%$27,845,1173%$14,283,4612%
2016$27,064,3051%$27,016,5402%$14,563,332
2015$26,810,5313%$26,529,2504%$14,503,3544%
2014$25,921,2275%$25,580,0665%$14,006,9841%
2013$24,754,31916%$24,477,65316%$13,807,1673%
2012$29,417,9627%$29,271,0407%$13,400,80817%
2011$31,574,689$31,628,100$16,122,952

Frequently Asked Questions

What does Midwest Collaborative For Library Services Inc do?

Midwest Collaborative For Library Services Inc is a education nonprofit organization based in Michigan. It is classified under NTEE code B71I and is registered as a 501(c) tax-exempt organization with the IRS.

Is Midwest Collaborative For Library Services Inc financially healthy?

Based on our 9-metric Financial Health Score model, Midwest Collaborative For Library Services Inc has a score of 58/100 (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 Midwest Collaborative For Library Services Inc generate?

Midwest Collaborative For Library Services Inc reports $25.4M in annual revenue and holds $17.2M in total assets, based on IRS filings.

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