Michigan Lutheran Seminary Foundation
Saginaw, Michigan
B+Health Score
70B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$620K
Total Revenue
📊
$459K
Total Expenses
🏦
$1.9M
Net Assets
📋
$561K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+3.9%
Year-over-year change (2023 → 2024)
Net Margin
+26.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.09
Net assets divided by total expenses
Liabilities-to-Assets
23.0%
Total liabilities as % of total assets
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $619,709↑4% | $458,867↓2% | $2,436,209↑6% | — |
| 2023 | $596,593↓1% | $466,140↑1% | $2,299,224↑8% | — |
| 2022 | $604,739↑10% | $461,438↓46% | $2,136,063↓4% | — |
| 2021 | $548,301↑20% | $849,847↑78% | $2,230,812↑19% | — |
| 2020 | $458,077↓5% | $477,825↓34% | $1,866,804↑2% | — |
| 2019 | $482,841↑55% | $721,800↑97% | $1,822,928↓3% | — |
| 2018 | $311,562↓44% | $367,011↓20% | $1,880,924↓4% | — |
| 2017 | $558,697↑30% | $459,020↑48% | $1,964,737↑14% | — |
| 2016 | $428,629↓37% | $309,619↓3% | $1,730,804↑13% | — |
| 2015 | $684,998↑32% | $319,116↓50% | $1,527,442↑17% | — |
| 2014 | $520,197↓17% | $638,281↑31% | $1,300,646↑7% | — |
| 2013 | $626,675↑67% | $487,594↑84% | $1,212,701↑13% | — |
| 2012 | $374,544↑10% | $265,714↓25% | $1,073,493↑11% | — |
| 2011 | $339,212 | $354,783 | $964,244 | — |
Frequently Asked Questions
What does Michigan Lutheran Seminary Foundation do?▼
Michigan Lutheran Seminary Foundation is a religion-related nonprofit organization based in Michigan. It is classified under NTEE code X12 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Michigan Lutheran Seminary Foundation financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Michigan Lutheran Seminary Foundation.
How much revenue does Michigan Lutheran Seminary Foundation generate?▼
Michigan Lutheran Seminary Foundation reports $620K in annual revenue and holds $2.4M in total assets, based on IRS filings.
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