BEducationEIN: 237034523· Ruling Year: 1969

The Northern Michigan University Foundation

Marquette, Michigan

BHealth Score
61B

Financial Health Score

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

Above Average

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org12.99×
Peer Median9.48×
💰
$6.1M
Total Revenue
📊
$5.4M
Total Expenses
🏦
$70.6M
Net Assets
📋
$6.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-66.1%
Year-over-year change (2023 → 2024)
Net Margin
+10.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
12.99
Net assets divided by total expenses
Liabilities-to-Assets
8.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$6,096,16866%$5,430,99313%$77,295,7639%
2023$18,008,930135%$4,810,78913%$70,883,33137%
2022$7,666,41715%$4,251,45814%$51,572,15810%
2021$6,659,1032%$3,718,66812%$57,190,76128%
2020$6,783,322$4,202,7711%$44,603,5464%
2019$6,783,43714%$4,163,2042%$42,861,2415%
2018$7,870,88943%$4,243,15610%$40,778,8906%
2017$5,490,54244%$4,726,17918%$38,537,2169%
2016$3,818,49538%$5,736,70226%$35,402,3653%
2015$6,121,5786%$4,543,6884%$36,412,6642%
2014$6,506,39615%$4,349,55019%$35,653,29914%
2013$5,678,77724%$3,644,6731%$31,216,0548%
2012$4,585,457$3,600,361$28,874,360

Frequently Asked Questions

What does The Northern Michigan University Foundation do?

The Northern Michigan University Foundation is a education nonprofit organization based in Michigan. It is classified under NTEE code B43I and is registered as a 501(c) tax-exempt organization with the IRS.

Is The Northern Michigan University Foundation financially healthy?

Based on our 9-metric Financial Health Score model, The Northern Michigan University Foundation has a score of 61/100 (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 The Northern Michigan University Foundation generate?

The Northern Michigan University Foundation reports $12.6M in annual revenue and holds $85.7M in total assets, based on IRS filings.

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