ZUnclassifiedEIN: 386058023· Ruling Year: 1963

Michigan Glass & Glazing Industry Welfare Insurance Fund

Troy, Michigan

BHealth Score
58B

Financial Health Score

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

Above Average

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.17×
Peer Median15.40×
💰
$5.6M
Total Revenue
📊
$5.9M
Total Expenses
🏦
$6.9M
Net Assets
📋
$1.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+34.9%
Year-over-year change (2022 → 2023)
Net Margin
-5.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.17
Net assets divided by total expenses
Liabilities-to-Assets
18.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$5,590,69635%$5,876,32315%$8,444,5032%
2022$4,144,00823%$5,116,88116%$8,263,31311%
2021$5,414,1841%$6,115,38333%$9,322,8671%
2020$5,487,789$4,601,466$9,387,866
2019$5,487,78916%$4,601,46610%$9,387,8668%
2018$4,750,01412%$5,117,7115%$8,695,588
2017$5,416,58414%$4,860,68351%$8,694,24512%
2016$4,731,93917%$3,210,22117%$7,734,34011%
2015$4,042,75711%$3,876,6452%$6,939,9133%
2014$3,655,10810%$3,942,96210%$6,736,0045%
2013$4,039,74610%$3,588,34212%$7,061,7277%
2012$3,675,8525%$4,077,3381%$6,604,3005%
2011$3,489,519$4,125,570$6,986,240

Frequently Asked Questions

What does Michigan Glass & Glazing Industry Welfare Insurance Fund do?

Michigan Glass & Glazing Industry Welfare Insurance Fund is a unclassified nonprofit organization based in Michigan. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Michigan Glass & Glazing Industry Welfare Insurance Fund financially healthy?

Based on our 9-metric Financial Health Score model, Michigan Glass & Glazing Industry Welfare Insurance Fund has a score of 58/100 (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 Michigan Glass & Glazing Industry Welfare Insurance Fund generate?

Michigan Glass & Glazing Industry Welfare Insurance Fund reports $6.0M in annual revenue and holds $8.8M in total assets, based on IRS filings.

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