Michigan Technology Commercialization Corporation
Ann Arbor, Michigan
DHealth Score
34D
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Poor
๐ฐ
$1.9M
Total Revenue
๐
$2.1M
Total Expenses
๐ฆ
$47K
Net Assets
๐
$3.6M
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-55.0%
Year-over-year change (2022 โ 2023)
Net Margin
-7.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.02
Net assets divided by total expenses
Liabilities-to-Assets
98.7%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,923,634โ55% | $2,065,066โ64% | $3,652,364โ8% | โ |
| 2022 | $4,271,855โ66% | $5,679,082โ48% | $3,986,800โ35% | โ |
| 2021 | $12,527,491โ14% | $10,989,738โ24% | $6,134,107โ33% | โ |
| 2020 | $14,546,758โ13% | $14,452,677โ17% | $4,604,131โ23% | โ |
| 2019 | $12,890,096โ952% | $12,373,346โ669% | $5,954,640โ42% | โ |
| 2018 | $1,225,479โ430% | $1,609,891โ1528% | $4,195,959โ20% | โ |
| 2017 | $231,331โ59% | -$112,776โ131% | $3,493,258โ702% | โ |
| 2016 | $565,074โ46% | $367,819โ55% | $435,390โ9% | โ |
| 2015 | $1,052,029โ99% | $825,000โ50% | $400,526โ21% | โ |
| 2014 | $529,234โ34% | $1,638,685โ39% | $508,486โ58% | โ |
| 2013 | $799,087โ15% | $1,183,137โ2% | $1,201,539โ23% | โ |
| 2012 | $694,486โ43% | $1,165,432โ26% | $1,561,596โ23% | โ |
| 2011 | $1,225,377 | $1,566,302 | $2,040,548 | โ |
Frequently Asked Questions
What does Michigan Technology Commercialization Corporation do?โผ
Michigan Technology Commercialization Corporation is a science & technology nonprofit organization based in Michigan. It is classified under NTEE code U192 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Michigan Technology Commercialization Corporation financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Michigan Technology Commercialization Corporation.
How much revenue does Michigan Technology Commercialization Corporation generate?โผ
Michigan Technology Commercialization Corporation reports $1.5M in annual revenue and holds $3.6M in total assets, based on IRS filings.
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