Petoskey-harbor Springs Area Community Foundation
Petoskey, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Excellent
How This Organization Compares
Compared to 30 peers in Philanthropy, Voluntarism & Grantmaking 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 | |
|---|---|---|---|---|
| 2024 | $9,300,684↑15% | $9,217,826↑45% | $61,226,065↑11% | |
| 2023 | $8,085,618↑8% | $6,342,237↑49% | $55,398,624↓2% | — |
| 2022 | $7,516,964↑21% | $4,261,148↓6% | $56,667,644↑1% | — |
| 2021 | $6,225,556↑20% | $4,510,491↑19% | $56,212,807↑42% | — |
| 2020 | $5,190,171↓16% | $3,783,176↑13% | $39,491,856↓11% | — |
| 2019 | $6,162,966↑3% | $3,342,133↑2% | $44,140,143↑3% | — |
| 2018 | $5,990,941↑58% | $3,288,018↑19% | $42,864,174↑13% | — |
| 2017 | $3,799,078↑1% | $2,757,531↓20% | $37,792,608↑11% | — |
| 2016 | $3,776,049↓24% | $3,440,570↑37% | $34,144,266↓8% | — |
| 2015 | $4,999,570↑140% | $2,514,408↑47% | $37,159,218↑8% | — |
| 2014 | $2,083,096↑18% | $1,713,439↑40% | $34,375,158↑11% | — |
| 2013 | $1,761,038↓78% | $1,221,070↑11% | $30,871,261↑8% | — |
| 2012 | $8,145,911 | $1,103,975 | $28,459,934 | — |
Frequently Asked Questions
What does Petoskey-harbor Springs Area Community Foundation do?▼
Petoskey-harbor Springs Area Community Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Michigan. It is classified under NTEE code T31 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Petoskey-harbor Springs Area Community Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Petoskey-harbor Springs Area Community Foundation has a score of 87/100 (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 Petoskey-harbor Springs Area Community Foundation generate?▼
Petoskey-harbor Springs Area Community Foundation reports $9.1M in annual revenue and holds $62.0M in total assets, based on IRS filings.
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