Great Lakes Bible College
Lansing, 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
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,244,852↑14% | $4,151,415↑4% | $4,128,914↑41% | |
| 2022 | $3,739,090↑17% | $4,009,893↑22% | $2,935,573↓12% | — |
| 2021 | $3,193,047↑21% | $3,276,583↑4% | $3,326,303 | — |
| 2020 | $2,631,290↓8% | $3,156,455↓7% | $3,341,460↓5% | — |
| 2019 | $2,844,694↓12% | $3,386,469↑8% | $3,521,119↓7% | — |
| 2018 | $3,230,554↑1% | $3,150,030↑3% | $3,779,831↑8% | — |
| 2017 | $3,189,162↑9% | $3,064,188↓10% | $3,507,572↓41% | — |
| 2016 | $2,914,251↓11% | $3,418,384↓10% | $5,896,655↓7% | — |
| 2015 | $3,277,533↓11% | $3,798,450↓2% | $6,365,387↓7% | — |
| 2014 | $3,689,492 | $3,870,673↑3% | $6,877,164↑4% | — |
| 2013 | $3,675,391↓26% | $3,772,353↓5% | $6,595,118↓3% | — |
| 2012 | $4,982,597 | $3,979,158 | $6,821,158 | — |
Frequently Asked Questions
What does Great Lakes Bible College do?▼
Great Lakes Bible College is a education nonprofit organization based in Michigan. It is classified under NTEE code B42Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Great Lakes Bible College financially healthy?▼
Based on our 9-metric Financial Health Score model, Great Lakes Bible College has a score of 65/100 (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 Great Lakes Bible College generate?▼
Great Lakes Bible College reports $4.6M in annual revenue and holds $4.3M in total assets, based on IRS filings.