BEducationEIN: 383302052· Ruling Year: 2003

West Michigan Academy Of Arts And Academics

Spring Lake, Michigan

BHealth Score
61B

Financial Health Score

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

Above Average

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.61×
Peer Median20.77×
💰
$5.9M
Total Revenue
📊
$5.7M
Total Expenses
🏦
$3.4M
Net Assets
📋
$4.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+9.9%
Year-over-year change (2022 → 2023)
Net Margin
+3.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.61
Net assets divided by total expenses
Liabilities-to-Assets
57.0%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$5,876,61610%$5,662,1064%$7,984,0183%
2022$5,344,81514%$5,460,76519%$7,715,2204%
2021$4,687,51116%$4,586,42413%$8,042,4223%
2020$4,035,9801%$4,056,3613%$7,844,1962%
2019$4,061,550$3,941,4521%$7,987,876
2018$4,059,2243%$3,978,0331%$7,979,5751%
2017$4,176,6232%$4,014,5573%$8,077,9511%
2016$4,106,6954%$3,912,8282%$8,012,6371%
2015$3,957,0743%$3,846,9112%$7,960,6893%
2014$3,844,98910%$3,754,8765%$7,712,9251%
2013$3,480,4343%$3,565,17815%$7,614,21761%
2012$3,373,035$3,105,772$4,718,378

Frequently Asked Questions

What does West Michigan Academy Of Arts And Academics do?

West Michigan Academy Of Arts And Academics is a education nonprofit organization based in Michigan. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.

Is West Michigan Academy Of Arts And Academics financially healthy?

Based on our 9-metric Financial Health Score model, West Michigan Academy Of Arts And Academics has a score of 61/100 (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 West Michigan Academy Of Arts And Academics generate?

West Michigan Academy Of Arts And Academics reports $5.8M in annual revenue and holds $8.2M in total assets, based on IRS filings.

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