ZUnclassifiedEIN: 386124363· Ruling Year: 1967

Wege Foundation

Grand Rapids, 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

💰
$7.2M
Total Revenue
📊
$24.2M
Total Expenses
🏦
$253.8M
Net Assets
📋
$22.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-15.3%
Year-over-year change (2022 → 2023)
Net Margin
-234.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
10.50
Net assets divided by total expenses
Liabilities-to-Assets
8.0%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$7,224,25015%$24,184,5326%$275,946,5475%
2022$8,529,09982%$25,806,21722%$290,886,6214%
2021$47,476,48892%$33,225,20146%$301,522,6585%
2020$24,789,9497%$22,749,0891%$288,045,5751%
2019$23,139,35942%$23,047,55716%$286,190,86714%
2015$40,075,19738%$19,933,53310%$252,070,6238%
2014$29,019,14883%$18,137,05116%$232,610,4995%
2013$168,994,6014825%$15,576,82720%$222,588,580222%
2012$3,431,12960%$12,971,0725%$69,200,48912%
2011$2,143,269$13,650,935$78,723,509

Frequently Asked Questions

What does Wege Foundation do?

Wege 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 Wege Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Wege 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 Wege Foundation generate?

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

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