ZUnclassifiedEIN: 386041517

Herrick Foundation

Ann Arbor, Michigan

BHealth Score
58B

Financial Health Score

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

Above Average

💰
$1.5M
Total Revenue
📊
$8.5M
Total Expenses
🏦
$180.8M
Net Assets
📋
$24K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-97.7%
Year-over-year change (2022 → 2023)
Net Margin
-471.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
21.26
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$1,487,89498%$8,505,94826%$180,833,9654%
2022$63,633,098487%$11,554,50822%$187,827,91338%
2021$10,836,2964%$9,440,2252%$135,749,3231%
2020$10,441,61540%$9,261,61511%$134,353,2521%
2019$7,445,92746%$8,362,3748%$133,173,2522%
2015$13,877,58732%$9,078,2325%$131,084,4624%
2014$10,484,51799%$8,647,30415%$126,285,1071%
2013$5,259,04837%$7,541,88411%$124,447,8942%
2012$8,334,80550%$8,521,8399%$126,730,730
2011$5,550,579$7,824,631$126,917,764

Frequently Asked Questions

What does Herrick Foundation do?

Herrick Foundation is a unclassified nonprofit organization based in Michigan. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Herrick Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Herrick Foundation has a score of 58/100 (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 Herrick Foundation generate?

Revenue data for Herrick Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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