P โ€” Human ServicesEIN: 382442250ยท Ruling Year: 1984

Clare County Transit Corporation

Harrison, Michigan

A-Health Score
76A-

Financial Health Score

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

Very Good

๐Ÿ’ฐ
$2.1M
Total Revenue
๐Ÿ“Š
$2.2M
Total Expenses
๐Ÿฆ
$5.8M
Net Assets
๐Ÿ“‹
$270K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+13.8%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-4.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.59
Net assets divided by total expenses
Liabilities-to-Assets
4.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,139,461โ†‘14%$2,241,973โ†‘10%$6,071,136
2022$1,879,674โ†“15%$2,045,319โ†‘2%$6,081,171โ†“3%
2021$2,212,890โ†“17%$2,000,589$6,296,342โ†‘4%
2020$2,680,949โ†‘30%$2,006,075$6,053,684โ†‘12%
2019$2,058,273โ†‘21%$2,012,884โ†‘3%$5,428,493โ†‘2%
2018$1,707,167โ†“16%$1,959,653โ†“1%$5,324,305โ†“4%
2017$2,044,366โ†‘9%$1,985,304โ†“4%$5,558,108โ†‘1%
2016$1,877,775โ†‘10%$2,076,911โ†‘3%$5,506,171โ†“4%
2015$1,706,294โ†“5%$2,007,122โ†“12%$5,709,771โ†“5%
2014$1,787,524โ†“22%$2,270,939โ†‘9%$6,026,799โ†“8%
2013$2,304,913โ†‘43%$2,086,084โ†‘2%$6,528,718โ†‘4%
2012$1,611,738โ†“32%$2,039,310$6,278,614โ†“5%
2011$2,375,789$2,044,514$6,642,002

Frequently Asked Questions

What does Clare County Transit Corporation do?โ–ผ

Clare County Transit Corporation is a human services nonprofit organization based in Michigan. It is classified under NTEE code P52Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Clare County Transit Corporation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Clare County Transit Corporation has a score of 76/100 (Grade: A-). 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 Clare County Transit Corporation generate?โ–ผ

Clare County Transit Corporation reports $2.5M in annual revenue and holds $6.2M in total assets, based on IRS filings.

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Clare County Transit Corporation โ€” Harrison, MI | GiveScope