Michigan Family Resources
Grand Rapids, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
How This Organization Compares
Compared to 73 peers in Education with $10M-$100M 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 | $29,671,414↑8% | $29,826,097↑8% | $6,647,165↑42% | — |
| 2022 | $27,521,715↑2% | $27,511,418↑3% | $4,675,489↑74% | — |
| 2021 | $26,894,866↑1% | $26,738,688↑1% | $2,683,545↑22% | — |
| 2020 | $26,551,383↑5% | $26,367,515↑6% | $2,208,461↓38% | — |
| 2019 | $25,256,526↑20% | $24,968,931↑18% | $3,536,837↑22% | — |
| 2018 | $21,105,321↑3% | $21,114,831↑3% | $2,902,594↑3% | — |
| 2017 | $20,520,389↑13% | $20,502,791↑13% | $2,827,495↑12% | — |
| 2016 | $18,212,197↑9% | $18,220,192↑9% | $2,517,343↑8% | — |
| 2015 | $16,698,529↑27% | $16,650,934↑26% | $2,336,047↑15% | — |
| 2014 | $13,189,773↑10% | $13,174,708↑9% | $2,030,525↓3% | — |
| 2013 | $11,973,541↓6% | $12,082,279↓6% | $2,101,680↓8% | — |
| 2012 | $12,779,059 | $12,870,739 | $2,284,424↓5% | — |
| 2011 | $12,741,192 | $12,827,533 | $2,407,953 | — |
Frequently Asked Questions
What does Michigan Family Resources do?▼
Michigan Family Resources is a education nonprofit organization based in Michigan. It is classified under NTEE code B22Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Michigan Family Resources financially healthy?▼
Based on our 9-metric Financial Health Score model, Michigan Family Resources has a score of 51/100 (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 Michigan Family Resources generate?▼
Michigan Family Resources reports $31.7M in annual revenue and holds $7.9M in total assets, based on IRS filings.