TPhilanthropy, Voluntarism & GrantmakingEIN: 273494471· Ruling Year: 2011

Friends Of Thunderbay National Marine Sanctuary

Alpena, Michigan

B+Health Score
70B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 8 peers in Philanthropy, Voluntarism & Grantmaking with $100K-$1M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.31×
Peer Median13.69×
💰
$560K
Total Revenue
📊
$293K
Total Expenses
🏦
$677K
Net Assets
📋
$8K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+36.6%
Year-over-year change (2022 → 2023)
Net Margin
+47.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.31
Net assets divided by total expenses
Liabilities-to-Assets
1.1%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$559,97937%$292,68726%$684,71455%
2022$410,010207%$232,34849%$442,89391%
2021$133,41649%$155,42657%$232,3957%
2020$259,5438%$362,82626%$248,94229%
2019$281,57338%$288,79123%$348,1903%
2018$455,05931%$374,81926%$360,19929%
2017$348,46367%$298,02159%$279,63424%
2016$208,52031%$187,09529%$224,9227%
2015$300,30134%$262,32610%$209,40623%
2014$223,79433%$237,71950%$170,6775%
2013$168,56548%$158,83335%$180,58072%
2012$322,078$245,477$105,016

Frequently Asked Questions

What does Friends Of Thunderbay National Marine Sanctuary do?

Friends Of Thunderbay National Marine Sanctuary is a philanthropy, voluntarism & grantmaking nonprofit organization based in Michigan. It is classified under NTEE code T30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Friends Of Thunderbay National Marine Sanctuary financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Friends Of Thunderbay National Marine Sanctuary.

How much revenue does Friends Of Thunderbay National Marine Sanctuary generate?

Friends Of Thunderbay National Marine Sanctuary reports $500K in annual revenue and holds $1.4M in total assets, based on IRS filings.

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