Michigan Automobile Insurance Placement Facility
Farmingtn Hls, 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 111 peers in Unclassified 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 | $18,880,748↓22% | $23,195,140↑13% | $84,840,333↓13% | — |
| 2022 | $24,306,711↓9% | $20,553,385↓36% | $97,151,002↑1% | — |
| 2021 | $26,699,927↑10% | $31,927,372↑60% | $95,743,135↑15% | — |
| 2020 | $24,180,833↓27% | $19,902,491↓47% | $83,189,393↓12% | — |
| 2019 | $33,230,187↓15% | $37,676,285↓18% | $94,286,862↓4% | — |
| 2018 | $39,020,728↓7% | $46,092,692↓27% | $98,585,260↓1% | — |
| 2017 | $41,960,512↑1% | $63,438,471↑19% | $99,266,619↑14% | — |
| 2016 | $41,381,632↑21% | $53,320,982↑32% | $87,246,895↑15% | — |
| 2015 | $34,131,990↑5% | $40,268,221↓24% | $76,062,143↑15% | — |
| 2014 | $32,551,760↓88% | $53,284,428↓80% | $66,275,256↑46% | — |
| 2013 | $261,336,991↑2941% | $269,620,023↑2516% | $45,419,467↑35% | — |
| 2012 | $8,592,592↑13% | $10,305,493↑22% | $33,656,340↓8% | — |
| 2011 | $7,575,316 | $8,427,423 | $36,387,060 | — |
Frequently Asked Questions
What does Michigan Automobile Insurance Placement Facility do?▼
Michigan Automobile Insurance Placement Facility 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 Michigan Automobile Insurance Placement Facility financially healthy?▼
Based on our 9-metric Financial Health Score model, Michigan Automobile Insurance Placement Facility has a score of 50/100 (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 Automobile Insurance Placement Facility generate?▼
Michigan Automobile Insurance Placement Facility reports $20.3M in annual revenue and holds $116.1M in total assets, based on IRS filings.
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