North Central Michigan College Foundation
Petoskey, Michigan
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 4 peers in Education with $1M-$10M revenue
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,923,087↓47% | $1,424,916↓39% | $12,567,665↑8% | — |
| 2022 | $3,633,911↑16% | $2,326,740↓35% | $11,689,091↓1% | — |
| 2021 | $3,124,282↑215% | $3,592,111↑367% | $11,840,851↑11% | — |
| 2020 | $990,861↓58% | $769,897↓5% | $10,671,844↓2% | — |
| 2019 | $2,358,981↑122% | $813,411↑37% | $10,849,693↑16% | — |
| 2018 | $1,060,220↓29% | $592,347↑49% | $9,374,973↑10% | — |
| 2017 | $1,502,084↑358% | $398,666↓18% | $8,514,311↑19% | — |
| 2016 | $328,238↓17% | $484,814↑62% | $7,148,655↓2% | — |
| 2015 | $394,378↓76% | $300,084↑40% | $7,285,765↑2% | — |
| 2014 | $1,631,276↑318% | $214,867↓96% | $7,109,697↑43% | — |
| 2013 | $390,186↓35% | $5,222,888↑1173% | $4,968,746↓46% | — |
| 2012 | $601,953 | $410,440 | $9,192,336 | — |
Frequently Asked Questions
What does North Central Michigan College Foundation do?▼
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?▼
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?▼
North Central Michigan College Foundation reports $1.9M in annual revenue and holds $13.0M in total assets, based on IRS filings.