Northwest Michigan Works Inc
Traverse City, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $5,245,392↑9% | $5,251,895↑6% | $1,892,775↑2% | — |
| 2022 | $4,805,836↑20% | $4,968,732↑27% | $1,858,413↑1% | — |
| 2021 | $4,015,625↑13% | $3,920,814↑9% | $1,834,962 | — |
| 2020 | $3,550,063↓5% | $3,593,207↓1% | $1,836,392↑1% | — |
| 2019 | $3,738,532↑19% | $3,639,452↑14% | $1,809,498↑10% | — |
| 2018 | $3,149,969↓23% | $3,197,405↓22% | $1,644,042↓11% | — |
| 2017 | $4,111,096↓5% | $4,087,006↓4% | $1,837,518↑14% | — |
| 2016 | $4,319,978↑5% | $4,275,853↑6% | $1,609,864↑3% | — |
| 2015 | $4,133,089↑291% | $4,024,732↑278% | $1,567,104↑16% | — |
| 2014 | $1,058,241↓71% | $1,065,649↓72% | $1,355,966↓3% | — |
| 2014 | $3,710,379↓41% | $3,764,285↓27% | $1,396,508↓16% | — |
| 2013 | $6,266,878↑1402% | $5,123,627↑1128% | $1,663,856↑830% | — |
| 2012 | $417,135↓32% | $417,135↓28% | $178,914↑15% | — |
| 2011 | $614,664 | $576,228 | $155,121 | — |
Frequently Asked Questions
What does Northwest Michigan Works Inc do?▼
Northwest Michigan Works Inc is a employment nonprofit organization based in Michigan. It is classified under NTEE code J20Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Northwest Michigan Works Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Northwest Michigan Works Inc has a score of 59/100 (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 Northwest Michigan Works Inc generate?▼
Northwest Michigan Works Inc reports $5.9M in annual revenue and holds $2.1M in total assets, based on IRS filings.
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