B โ€” EducationEIN: 382910328ยท Ruling Year: 1990

North Central Michigan College Foundation

Petoskey, Michigan

B+Health Score
67B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

๐Ÿ’ฐ
$1.9M
Total Revenue
๐Ÿ“Š
$1.4M
Total Expenses
๐Ÿฆ
$12.6M
Net Assets
๐Ÿ“‹
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-47.1%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+25.9%
Revenue minus expenses as % of revenue

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$1,923,087โ†“47%$1,424,916โ†“39%$12,567,665โ†‘8%
2022$3,633,911โ†‘16%$2,326,740โ†“35%$11,689,091โ†“1%
2021$3,124,282โ†‘215%$3,592,111โ†‘367%$11,840,851โ†‘11%
2020$990,861โ†“58%$769,897โ†“5%$10,671,844โ†“2%
2019$2,358,981โ†‘122%$813,411โ†‘37%$10,849,693โ†‘16%
2018$1,060,220โ†“29%$592,347โ†‘49%$9,374,973โ†‘10%
2017$1,502,084โ†‘358%$398,666โ†“18%$8,514,311โ†‘19%
2016$328,238โ†“17%$484,814โ†‘62%$7,148,655โ†“2%
2015$394,378โ†“76%$300,084โ†‘40%$7,285,765โ†‘2%
2014$1,631,276โ†‘318%$214,867โ†“96%$7,109,697โ†‘43%
2013$390,186โ†“35%$5,222,888โ†‘1173%$4,968,746โ†“46%
2012$601,953$410,440$9,192,336

Frequently Asked Questions

What does North Central Michigan College Foundation do?โ–ผ

North Central 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 North Central Michigan College Foundation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, North Central Michigan College Foundation has a score of 67/100 (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 North Central Michigan College Foundation generate?โ–ผ

North Central Michigan College Foundation reports $12.0M in annual revenue and holds $20.8M in total assets, based on IRS filings.

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North Central Michigan College Foundation โ€” Petoskey, MI | GiveScope