Ludington Area Catholic Education Foundation
Ludington, Michigan
B+Health Score
71B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$212K
Total Revenue
📊
$148K
Total Expenses
🏦
$1.6M
Net Assets
📋
$1K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-85.0%
Year-over-year change (2022 → 2023)
Net Margin
+30.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
11.00
Net assets divided by total expenses
Liabilities-to-Assets
0.1%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $212,442↓85% | $148,285↓9% | $1,632,092↑4% | |
| 2022 | $1,414,753↑895% | $162,428↓3% | $1,567,185↑315% | — |
| 2021 | $142,204↑11% | $166,698↑17% | $377,702↓6% | — |
| 2020 | $128,561↑7% | $142,309↑14% | $402,196 | — |
| 2019 | $120,527↑8% | $124,690↑2% | $400,902↑9% | — |
| 2018 | $111,335↑26% | $122,436↓2% | $368,485↓4% | — |
| 2017 | $88,478↑62% | $125,400↓10% | $385,529↓3% | — |
| 2016 | $54,778↑37% | $138,775↑13% | $396,227↓16% | — |
| 2015 | $39,915↑77% | $122,466↑7% | $469,808↓17% | — |
| 2014 | $22,491↓96% | $113,949↑31% | $564,519↓79% | — |
| 2013 | $537,063↑361% | $86,834↓14% | $2,703,781↑15% | — |
| 2012 | $116,422↑65% | $100,712↓1% | $2,359,713↑12% | — |
| 2011 | $70,354 | $101,428 | $2,113,266 | — |
Frequently Asked Questions
What does Ludington Area Catholic Education Foundation do?▼
Ludington Area Catholic Education Foundation is a education nonprofit organization based in Michigan. It is classified under NTEE code B110 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Ludington Area Catholic Education Foundation financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Ludington Area Catholic Education Foundation.
How much revenue does Ludington Area Catholic Education Foundation generate?▼
Ludington Area Catholic Education Foundation reports $228K in annual revenue and holds $1.7M in total assets, based on IRS filings.