Northern Michigan Catholic Foundation
Traverse City, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Excellent
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
6 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $3,291,678↓52% | $954,927↑17% | $36,212,071↑20% | |
| 2022 | $6,801,988↑140% | $816,606↓1% | $30,264,807↑4% | — |
| 2021 | $2,831,837↑58% | $822,422↓3% | $29,204,956↑14% | — |
| 2020 | $1,792,383↓7% | $850,803↑5% | $25,526,060↑12% | — |
| 2019 | $1,924,290↓7% | $808,878↑124% | $22,819,541↑20% | — |
| 2018 | $2,077,860 | $361,814 | $19,090,340 | — |
Frequently Asked Questions
What does Northern Michigan Catholic Foundation do?▼
Northern Michigan Catholic Foundation is a religion-related nonprofit organization based in Michigan. It is classified under NTEE code X12 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Northern Michigan Catholic Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Northern Michigan Catholic Foundation has a score of 88/100 (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 Northern Michigan Catholic Foundation generate?▼
Northern Michigan Catholic Foundation reports $6.7M in annual revenue and holds $44.7M in total assets, based on IRS filings.
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