Michigan Aerospace Foundation Inc
Belleville, Michigan
BHealth Score
55B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$58K
Total Revenue
📊
$52K
Total Expenses
🏦
$358K
Net Assets
📋
$658
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-24.3%
Year-over-year change (2022 → 2023)
Net Margin
+10.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
6.85
Net assets divided by total expenses
Liabilities-to-Assets
0.2%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $58,383↓24% | $52,261↑79% | $358,791↑13% | |
| 2022 | $77,117↓54% | $29,151↓87% | $317,593↓31% | — |
| 2021 | $167,805↓62% | $220,386↓63% | $461,937↑15% | — |
| 2020 | $438,590↓72% | $599,101↓62% | $400,608↓30% | — |
| 2019 | $1,564,776↑70% | $1,569,627↑52% | $572,182↓18% | — |
| 2018 | $919,344↓32% | $1,031,287↓38% | $694,043↓10% | — |
| 2017 | $1,358,960↑21% | $1,662,352↑111% | $774,622↓24% | — |
| 2016 | $1,127,618↑122% | $788,719↓70% | $1,018,710↑50% | — |
| 2015 | $508,707↓79% | $2,603,315↑263% | $677,515↓75% | — |
| 2014 | $2,403,815↑429% | $716,435↑33% | $2,753,269↑158% | — |
| 2013 | $454,583↑612% | $537,304↑306% | $1,068,738↓6% | — |
| 2012 | $63,876↓37% | $132,493↓47% | $1,134,078↓7% | — |
| 2011 | $101,516 | $252,348 | $1,221,487 | — |
Frequently Asked Questions
What does Michigan Aerospace Foundation Inc do?▼
Michigan Aerospace Foundation Inc is a arts, culture & humanities nonprofit organization based in Michigan. It is classified under NTEE code A11 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Michigan Aerospace Foundation Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Michigan Aerospace Foundation Inc.
How much revenue does Michigan Aerospace Foundation Inc generate?▼
Michigan Aerospace Foundation Inc reports $18K in annual revenue and holds $344K in total assets, based on IRS filings.
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