SCommunity Improvement & Capacity BuildingEIN: 382527475· Ruling Year: 1984

Michigan Economic Development Foundation

Okemos, Michigan

B+Health Score
66B+

Financial Health Score

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

Good

💰
$782K
Total Revenue
📊
$1.1M
Total Expenses
🏦
$958K
Net Assets
📋
$19K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-16.3%
Year-over-year change (2022 → 2023)
Net Margin
-35.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.91
Net assets divided by total expenses
Liabilities-to-Assets
1.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$782,16716%$1,057,50140%$977,13221%
2022$934,99353%$757,49849%$1,233,70916%
2021$613,10911%$509,82941%$1,060,4097%
2020$688,98612%$362,44937%$994,06145%
2019$783,1242%$577,15421%$686,38345%
2018$768,3797%$729,36126%$471,81113%
2017$825,23127%$980,87454%$419,10129%
2016$648,03311%$635,9154%$587,5914%
2015$583,67812%$660,92215%$610,68416%
2014$665,46310%$777,27254%$727,96312%
2013$606,71619%$504,0341%$831,81014%
2012$510,3017%$497,75573%$729,1282%
2011$476,902$287,326$716,582

Frequently Asked Questions

What does Michigan Economic Development Foundation do?

Michigan Economic Development Foundation is a community improvement & capacity building nonprofit organization based in Michigan. It is classified under NTEE code S46Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Michigan Economic Development Foundation financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Michigan Economic Development Foundation.

How much revenue does Michigan Economic Development Foundation generate?

Michigan Economic Development Foundation reports $688K in annual revenue and holds $913K in total assets, based on IRS filings.

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