Southwestern Michigan College Foundation
Dowagiac, Michigan
B+Health Score
68B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$927K
Total Revenue
📊
$713K
Total Expenses
🏦
$15.9M
Net Assets
📋
$658K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+15.7%
Year-over-year change (2023 → 2024)
Net Margin
+23.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
22.34
Net assets divided by total expenses
Liabilities-to-Assets
4.0%
Total liabilities as % of total assets
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $926,549↑16% | $712,560↓18% | $16,574,180↑6% | |
| 2023 | $801,020↓62% | $872,940 | $15,615,023↑8% | — |
| 2022 | $2,134,180↑162% | $869,699↑133% | $14,523,017↓9% | — |
| 2021 | $815,686↑42% | $373,313↑10% | $16,044,880↑19% | — |
| 2020 | $574,016↓22% | $339,185↓44% | $13,463,867↑4% | — |
| 2019 | $735,917↓38% | $602,126↓42% | $12,938,635↑3% | — |
| 2018 | $1,177,773↑8% | $1,037,243↑191% | $12,571,478↑1% | — |
| 2017 | $1,088,747↑54% | $356,580↓9% | $12,409,607↑5% | — |
| 2016 | $707,856↑55% | $392,194↑90% | $11,858,971↑4% | — |
| 2015 | $455,565↑31% | $206,360↓8% | $11,396,948↑1% | — |
| 2014 | $348,654↑1% | $223,149↓9% | $11,248,411↑15% | — |
| 2013 | $345,299↓93% | $244,948↓17% | $9,814,586 | — |
| 2012 | $5,036,126↑1258% | $296,210↑80% | $9,802,088↑102% | — |
| 2011 | $370,976 | $165,016 | $4,851,328 | — |
Frequently Asked Questions
What does Southwestern Michigan College Foundation do?▼
Southwestern Michigan College Foundation is a education nonprofit organization based in Michigan. It is classified under NTEE code B42I and is registered as a 501(c) tax-exempt organization with the IRS.
Is Southwestern Michigan College Foundation financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Southwestern Michigan College Foundation.
How much revenue does Southwestern Michigan College Foundation generate?▼
Southwestern Michigan College Foundation reports $962K in annual revenue and holds $17.6M in total assets, based on IRS filings.