State News
East Lansing, Michigan
B-Health Score
47B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
This Org6.31×
Peer Median20.77×
💰
$1.3M
Total Revenue
📊
$1.5M
Total Expenses
🏦
$9.4M
Net Assets
📋
$156K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-27.2%
Year-over-year change (2022 → 2023)
Net Margin
-11.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
6.31
Net assets divided by total expenses
Liabilities-to-Assets
1.6%
Total liabilities as % of total assets
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,333,090↓27% | $1,491,285↑3% | $9,565,070↓1% | |
| 2022 | $1,830,968↑22% | $1,445,547↑20% | $9,620,299 | — |
| 2021 | $1,503,771↑12% | $1,199,723↑9% | $9,623,953↑8% | — |
| 2020 | $1,338,530↓1% | $1,101,477↑6% | $8,948,613↑4% | — |
| 2019 | $1,356,795↑6% | $1,042,110↓1% | $8,578,036↑5% | — |
| 2018 | $1,284,889↓2% | $1,054,675↓12% | $8,198,177↑4% | — |
| 2017 | $1,305,706↓2% | $1,203,442↓3% | $7,875,205↑4% | — |
| 2016 | $1,337,890↓10% | $1,238,674↓18% | $7,553,904 | — |
| 2015 | $1,484,534↓2% | $1,509,163↓1% | $7,572,290↓2% | — |
| 2014 | $1,515,692↓7% | $1,520,938↑3% | $7,742,043↑3% | — |
| 2013 | $1,628,049↓8% | $1,476,317↓2% | $7,532,955↑3% | — |
| 2012 | $1,760,645 | $1,503,408 | $7,327,626 | — |
Frequently Asked Questions
What does State News do?▼
State News is a education nonprofit organization based in Michigan. It is classified under NTEE code B12 and is registered as a 501(c) tax-exempt organization with the IRS.
Is State News financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for State News.
How much revenue does State News generate?▼
State News reports $1.2M in annual revenue and holds $9.6M in total assets, based on IRS filings.