Southwest Michigan First Corporation
Kalamazoo, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $8,034,787↑47% | $7,479,006↑45% | $13,622,051↑26% | |
| 2022 | $5,452,905↓36% | $5,142,028↓35% | $10,780,961↓1% | — |
| 2021 | $8,560,798↓34% | $7,932,397↓37% | $10,945,070↑52% | — |
| 2020 | $12,966,578↑117% | $12,514,351↑115% | $7,200,644↑5% | — |
| 2019 | $5,986,965↑10% | $5,832,070↑4% | $6,827,878↑4% | — |
| 2018 | $5,429,959↑9% | $5,582,788↑7% | $6,592,690↓10% | — |
| 2017 | $4,966,246↓7% | $5,220,259↑5% | $7,336,992↓4% | — |
| 2016 | $5,348,550↓4% | $4,987,161↓8% | $7,638,224↓12% | — |
| 2015 | $5,563,714↓6% | $5,447,425↓6% | $8,650,112 | — |
| 2014 | $5,947,678↑15% | $5,784,428↑13% | $8,617,840↑7% | — |
| 2013 | $5,168,749↑27% | $5,139,538↑22% | $8,065,661↑104% | — |
| 2012 | $4,070,804↑61% | $4,226,288↑39% | $3,957,705↑1% | — |
| 2011 | $2,520,675 | $3,033,881 | $3,905,390 | — |
Frequently Asked Questions
What does Southwest Michigan First Corporation do?▼
Southwest Michigan First Corporation is a community improvement & capacity building nonprofit organization based in Michigan. It is classified under NTEE code S300 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Southwest Michigan First Corporation financially healthy?▼
Based on our 9-metric Financial Health Score model, Southwest Michigan First Corporation has a score of 54/100 (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 Southwest Michigan First Corporation generate?▼
Southwest Michigan First Corporation reports $6.8M in annual revenue and holds $9.2M in total assets, based on IRS filings.
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