T — Philanthropy, Voluntarism & GrantmakingEIN: 821848600· Ruling Year: 2017

Cosgrove Foundation

Traverse City, Michigan

A-Health Score
78A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org50.82×
Peer Median18.82×
💰
$691K
Total Revenue
📊
$51K
Total Expenses
🏦
$2.6M
Net Assets
📋
$1
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+64.5%
Year-over-year change (2022 → 2023)
Net Margin
+92.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
50.82
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$691,312↑65%$51,283↑85%$2,606,026↑119%
2022$420,238↓20%$27,680↑62%$1,187,563↓2%
2021$527,675↑409%$17,043↑145%$1,211,725↑284%
2020$103,609↑129%$6,944↑175%$315,653↑186%
2019$45,255$2,525$110,365

Frequently Asked Questions

What does Cosgrove Foundation do?▼

Cosgrove Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Michigan. It is classified under NTEE code T20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Cosgrove Foundation financially healthy?▼

Based on our 9-metric Financial Health Score model, Cosgrove Foundation has a score of 78/100 (Grade: A-). 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 Cosgrove Foundation generate?▼

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

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