Lachimi Foundation
Troy, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $10,497,163↑95% | $10,133,993↑42% | $16,113,769↑3% | |
| 2022 | $5,373,069↑25% | $7,114,845↑73% | $15,703,396↓13% | — |
| 2021 | $4,296,802↑10% | $4,101,300↓20% | $18,145,848↑2% | — |
| 2020 | $3,917,320↓1% | $5,101,102↑219% | $17,796,817↓6% | — |
| 2019 | $3,964,366↓25% | $1,599,961↓58% | $18,982,107↑76% | — |
| 2015 | $5,300,676↑545% | $3,805,781↑482% | $10,809,867↑16% | — |
| 2014 | $822,047↓83% | $653,752↓79% | $9,301,642↑2% | — |
| 2013 | $4,824,007↑10% | $3,044,839↑85% | $9,127,211↑24% | — |
| 2012 | $4,397,791↑93% | $1,650,318↓13% | $7,341,713↑60% | — |
| 2011 | $2,274,926 | $1,895,295 | $4,592,240 | — |
Frequently Asked Questions
What does Lachimi Foundation do?▼
Lachimi Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Michigan. It is classified under NTEE code T22 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lachimi Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Lachimi Foundation has a score of 75/100 (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 Lachimi Foundation generate?▼
Revenue data for Lachimi Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.
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