Penske Foundation INC
Bloomfld Hls, Michigan
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)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $101,468,070↑891% | $2,435,497↓9% | $116,040,672↑582% | — |
| 2022 | $10,243,924↑80% | $2,674,470↑60% | $17,008,099↑80% | — |
| 2021 | $5,697,705↑46% | $1,667,453↑18% | $9,438,645↑75% | — |
| 2020 | $3,908,868↑134% | $1,407,420↓10% | $5,408,393↑86% | — |
| 2019 | $1,668,281↓35% | $1,572,386↓36% | $2,906,945↑19% | — |
| 2015 | $2,554,354↓20% | $2,462,840↓20% | $2,444,660↑4% | — |
| 2014 | $3,212,749↑26% | $3,095,994↑26% | $2,353,146↑5% | — |
| 2013 | $2,542,129↑32% | $2,464,289↑33% | $2,236,391↑4% | — |
| 2012 | $1,924,443↓8% | $1,853,845 | $2,158,551↑3% | — |
| 2011 | $2,087,953 | $0 | $2,087,953 | — |
Frequently Asked Questions
What does Penske Foundation INC do?▼
Penske Foundation INC is a philanthropy, voluntarism & grantmaking nonprofit organization based in Michigan. It is classified under NTEE code T21 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Penske Foundation INC financially healthy?▼
Based on our 9-metric Financial Health Score model, Penske Foundation INC 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 Penske Foundation INC generate?▼
Revenue data for Penske Foundation INC is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.
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