BEducationEIN: 381678376· Ruling Year: 1962

Great Lakes Colleges Association Inc

Ann Arbor, Michigan

B+Health Score
67B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org8.55×
Peer Median20.77×
💰
$1.8M
Total Revenue
📊
$2.1M
Total Expenses
🏦
$18.0M
Net Assets
📋
$279K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-13.7%
Year-over-year change (2022 → 2023)
Net Margin
-17.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
8.55
Net assets divided by total expenses
Liabilities-to-Assets
1.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,797,69814%$2,110,55525%$18,321,8402%
2022$2,082,2134%$1,687,3509%$17,883,48820%
2021$2,158,04119%$1,543,11635%$22,324,18624%
2020$1,817,1738%$2,356,75816%$18,046,2874%
2019$1,679,46219%$2,796,8109%$18,797,4886%
2018$2,062,35351%$3,077,177$19,901,8125%
2017$1,366,67082%$3,082,06530%$20,888,3202%
2016$7,559,383213%$2,368,2146%$21,337,84724%
2015$2,417,3942%$2,517,53512%$17,214,2294%
2014$2,379,29854%$2,249,43127%$17,988,1107%
2013$5,209,972159%$3,084,5456%$16,802,63724%
2012$2,013,08157%$3,295,6152%$13,575,45211%
2011$4,729,106$3,229,631$15,178,355

Frequently Asked Questions

What does Great Lakes Colleges Association Inc do?

Great Lakes Colleges Association Inc is a education nonprofit organization based in Michigan. It is classified under NTEE code B42C and is registered as a 501(c) tax-exempt organization with the IRS.

Is Great Lakes Colleges Association Inc financially healthy?

Based on our 9-metric Financial Health Score model, Great Lakes Colleges Association Inc has a score of 67/100 (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 Great Lakes Colleges Association Inc generate?

Great Lakes Colleges Association Inc reports $4.2M in annual revenue and holds $19.4M in total assets, based on IRS filings.

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