TPhilanthropy, Voluntarism & GrantmakingEIN: 383032185· Ruling Year: 1992

Petoskey-harbor Springs Area Community Foundation

Petoskey, Michigan

AHealth Score
87A

Financial Health Score

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

Excellent

How This Organization Compares

Compared to 30 peers in Philanthropy, Voluntarism & Grantmaking with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org5.18×
Peer Median15.61×
💰
$9.3M
Total Revenue
📊
$9.2M
Total Expenses
🏦
$47.7M
Net Assets
📋
$13.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+15.0%
Year-over-year change (2023 → 2024)
Net Margin
+0.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
5.18
Net assets divided by total expenses
Liabilities-to-Assets
22.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$9,300,68415%$9,217,82645%$61,226,06511%
2023$8,085,6188%$6,342,23749%$55,398,6242%
2022$7,516,96421%$4,261,1486%$56,667,6441%
2021$6,225,55620%$4,510,49119%$56,212,80742%
2020$5,190,17116%$3,783,17613%$39,491,85611%
2019$6,162,9663%$3,342,1332%$44,140,1433%
2018$5,990,94158%$3,288,01819%$42,864,17413%
2017$3,799,0781%$2,757,53120%$37,792,60811%
2016$3,776,04924%$3,440,57037%$34,144,2668%
2015$4,999,570140%$2,514,40847%$37,159,2188%
2014$2,083,09618%$1,713,43940%$34,375,15811%
2013$1,761,03878%$1,221,07011%$30,871,2618%
2012$8,145,911$1,103,975$28,459,934

Frequently Asked Questions

What does Petoskey-harbor Springs Area Community Foundation do?

Petoskey-harbor Springs Area Community Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Michigan. It is classified under NTEE code T31 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Petoskey-harbor Springs Area Community Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Petoskey-harbor Springs Area Community Foundation has a score of 87/100 (Grade: A). 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 Petoskey-harbor Springs Area Community Foundation generate?

Petoskey-harbor Springs Area Community Foundation reports $9.1M in annual revenue and holds $62.0M in total assets, based on IRS filings.

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Petoskey-harbor Springs Area Community Foundation — Petoskey, MI | GiveScope