Z โ€” UnclassifiedEIN: 356034211ยท Ruling Year: 1954

First Source Foundation C/O 1 St Source Bank 100 N Michigan St

South Bend, Indiana

BHealth Score
60B

Financial Health Score

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

Above Average

๐Ÿ’ฐ
$3.0M
Total Revenue
๐Ÿ“Š
$2.3M
Total Expenses
๐Ÿฆ
$33.6M
Net Assets
๐Ÿ“‹
$1
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+27.5%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+23.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
14.66
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$2,976,578โ†‘27%$2,291,798โ†“5%$33,597,071โ†‘2%
2022$2,334,993โ†“57%$2,406,487โ†‘10%$32,901,547
2021$5,399,779โ†‘101%$2,189,584โ†‘10%$32,972,907โ†‘11%
2020$2,687,641โ†‘75%$1,981,961โ†‘6%$29,771,285โ†‘2%
2019$1,534,350โ†“78%$1,877,655โ†‘20%$29,090,432โ†‘74%
2015$7,065,210โ†‘139%$1,568,039โ†‘29%$16,698,545โ†‘59%
2014$2,962,068โ†‘314%$1,215,437โ†‘1%$10,531,617โ†‘20%
2013$716,273โ†“39%$1,199,337โ†‘28%$8,783,435โ†“5%
2012$1,171,088โ†‘633%$934,630โ†‘4%$9,232,916โ†‘2%
2011$159,732$895,508$9,027,643

Frequently Asked Questions

What does First Source Foundation C/O 1 St Source Bank 100 N Michigan St do?โ–ผ

First Source Foundation C/O 1 St Source Bank 100 N Michigan St is a unclassified nonprofit organization based in Indiana. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is First Source Foundation C/O 1 St Source Bank 100 N Michigan St financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, First Source Foundation C/O 1 St Source Bank 100 N Michigan St has a score of 60/100 (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 First Source Foundation C/O 1 St Source Bank 100 N Michigan St generate?โ–ผ

Revenue data for First Source Foundation C/O 1 St Source Bank 100 N Michigan St is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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First Source Foundation C/O 1 St Source Bank 100 N Michigan St โ€” South Bend, IN | GiveScope