Western Michigan Fair Association
Ludington, Michigan
B-Health Score
49B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$620K
Total Revenue
📊
$647K
Total Expenses
🏦
$362K
Net Assets
📋
$121K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-14.1%
Year-over-year change (2023 → 2024)
Net Margin
-4.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.56
Net assets divided by total expenses
Liabilities-to-Assets
25.1%
Total liabilities as % of total assets
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $619,528↓14% | $647,356↑2% | $483,745↓13% | — |
| 2023 | $721,188↓3% | $631,830↓18% | $554,574↑10% | — |
| 2022 | $744,300↑69% | $768,724↑119% | $504,903↓4% | — |
| 2021 | $440,225↑98% | $350,309↑125% | $526,298↑9% | — |
| 2020 | $222,001↓35% | $155,568↓53% | $483,843↑35% | — |
| 2019 | $341,328↓4% | $329,923↓5% | $358,280↑78% | — |
| 2018 | $355,053↑22% | $346,637↑29% | $201,812↓1% | — |
| 2017 | $290,164↑10% | $268,093↑7% | $203,995↓1% | — |
| 2016 | $264,811↑1% | $250,631↑12% | $206,117↓5% | — |
| 2015 | $261,001↑7% | $224,669↓9% | $217,972↑4% | — |
| 2014 | $244,477↓1% | $246,470↑23% | $209,622↓9% | — |
| 2013 | $247,757 | $200,977↓7% | $231,257↑31% | — |
| 2012 | $248,240↑5% | $215,906↑7% | $175,970↑7% | — |
| 2011 | $237,212 | $201,008 | $164,840 | — |
Frequently Asked Questions
What does Western Michigan Fair Association do?▼
Western Michigan Fair Association is a recreation & sports nonprofit organization based in Michigan. It is classified under NTEE code N52 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Western Michigan Fair Association financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Western Michigan Fair Association.
How much revenue does Western Michigan Fair Association generate?▼
Western Michigan Fair Association reports $620K in annual revenue and holds $484K in total assets, based on IRS filings.
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