BEducationEIN: 381675780

Skillman Foundation

Detroit, Michigan

B-Health Score
50B-

Financial Health Score

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

Average

How This Organization Compares

Compared to 2 peers in Education with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org13.30×
Peer Median26.08×
💰
$21.9M
Total Revenue
📊
$29.7M
Total Expenses
🏦
$394.9M
Net Assets
📋
$11.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-36.3%
Year-over-year change (2022 → 2023)
Net Margin
-35.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
13.30
Net assets divided by total expenses
Liabilities-to-Assets
2.8%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$21,945,37436%$29,699,00014%$406,218,5373%
2022$34,435,70036%$34,605,49013%$416,635,2211%
2021$53,699,386165%$30,748,38144%$412,503,8547%
2020$20,289,97255%$21,392,3802%$386,381,297
2019$13,103,67957%$21,761,44222%$388,130,6835%
2015$30,231,22544%$27,727,1971%$410,322,3371%
2014$53,795,432138%$27,934,67814%$407,134,7457%
2013$22,563,95575%$24,488,79811%$380,398,7121%
2012$12,928,9233644%$21,977,0356%$382,704,4633%
2011$345,310$23,434,585$393,512,482

Frequently Asked Questions

What does Skillman Foundation do?

Skillman Foundation is a education nonprofit organization based in Michigan. It is classified under NTEE code B82 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Skillman Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Skillman Foundation has a score of 50/100 (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 Skillman Foundation generate?

Revenue data for Skillman Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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