Michigan Credit Union Foundation
Royal Oak, Michigan
B+Health Score
70B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$433K
Total Revenue
📊
$242K
Total Expenses
🏦
$1.3M
Net Assets
📋
$10K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+24.7%
Year-over-year change (2022 → 2023)
Net Margin
+44.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
5.27
Net assets divided by total expenses
Liabilities-to-Assets
0.8%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $432,747↑25% | $241,548↑4% | $1,284,050↑17% | |
| 2022 | $347,118↑12% | $232,516↑41% | $1,096,082↑10% | — |
| 2021 | $309,432↓49% | $165,222↓63% | $994,961↑20% | — |
| 2020 | $611,348↑139% | $440,992↑82% | $829,216↑21% | — |
| 2019 | $256,230↑9% | $242,462↑30% | $686,028↑5% | — |
| 2018 | $235,007↑33% | $186,513↑5% | $651,908↑9% | — |
| 2017 | $177,338↑20% | $177,923↑5% | $595,411 | — |
| 2016 | $148,056↑4% | $169,251↑24% | $595,951↓3% | — |
| 2015 | $141,904↑17% | $136,420↓4% | $616,966↑1% | — |
| 2014 | $121,566↑4% | $142,031↑19% | $612,551↓3% | — |
| 2013 | $117,305↑19% | $119,390↑18% | $634,516 | — |
| 2012 | $98,231↑16% | $101,518↓17% | $636,604 | — |
| 2011 | $84,805 | $121,679 | $639,438 | — |
Frequently Asked Questions
What does Michigan Credit Union Foundation do?▼
Michigan Credit Union Foundation is a public & societal benefit nonprofit organization based in Michigan. It is classified under NTEE code W61 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Michigan Credit Union Foundation financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Michigan Credit Union Foundation.
How much revenue does Michigan Credit Union Foundation generate?▼
Michigan Credit Union Foundation reports $397K in annual revenue and holds $1.4M in total assets, based on IRS filings.
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