Northwestern Michigan College Foundation
Traverse City, 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 4 peers in Education 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 | $4,025,925↓19% | $4,973,565↑4% | $59,377,334↑3% | |
| 2022 | $4,991,031↓40% | $4,765,568↑14% | $57,776,969↓10% | — |
| 2021 | $8,306,743↑107% | $4,162,253↓8% | $64,114,838↑28% | — |
| 2020 | $4,006,261↓51% | $4,523,449↑9% | $50,136,466 | — |
| 2019 | $8,219,969↑22% | $4,144,542↑29% | $50,226,578↑10% | — |
| 2018 | $6,752,282↑50% | $3,214,843↑17% | $45,783,143↑10% | — |
| 2017 | $4,511,707↓18% | $2,741,645↑6% | $41,787,289↑9% | — |
| 2016 | $5,494,154↓5% | $2,587,946↓17% | $38,316,847↑4% | — |
| 2015 | $5,796,032↑42% | $3,111,527↑25% | $36,732,560↓2% | — |
| 2014 | $4,093,659↑25% | $2,492,788↑2% | $37,371,795↑15% | — |
| 2013 | $3,267,667↑87% | $2,452,424↑36% | $32,411,566↑10% | — |
| 2012 | $1,747,654↓62% | $1,797,759↑1% | $29,556,269↓1% | — |
| 2011 | $4,545,347 | $1,775,353 | $29,885,179 | — |
Frequently Asked Questions
What does Northwestern Michigan College Foundation do?▼
Northwestern Michigan College Foundation is a education nonprofit organization based in Michigan. It is classified under NTEE code B42I and is registered as a 501(c) tax-exempt organization with the IRS.
Is Northwestern Michigan College Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Northwestern Michigan College Foundation has a score of 65/100 (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 Northwestern Michigan College Foundation generate?▼
Northwestern Michigan College Foundation reports $5.7M in annual revenue and holds $65.0M in total assets, based on IRS filings.