Lake Trust Credit Union Foundation
Brighton, Michigan
B+Health Score
66B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$375K
Total Revenue
📊
$180K
Total Expenses
🏦
$976K
Net Assets
📋
$6K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+43.7%
Year-over-year change (2022 → 2023)
Net Margin
+51.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
5.41
Net assets divided by total expenses
Liabilities-to-Assets
0.6%
Total liabilities as % of total assets
Filing History
11 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $375,055↑44% | $180,336↓33% | $981,382↑30% | — |
| 2022 | $261,044↓24% | $268,770↑113% | $756,165↓2% | — |
| 2021 | $344,615↑45% | $126,188↑37% | $768,891↑40% | — |
| 2020 | $237,623↑14% | $91,822↑9% | $548,964↑36% | — |
| 2019 | $209,230↑24% | $84,109↑26% | $402,363↑46% | — |
| 2018 | $168,976↑27% | $66,546↑146% | $274,742↑54% | — |
| 2017 | $133,505↑83% | $27,054↓59% | $178,921↑146% | — |
| 2016 | $72,773↑38% | $65,520↑99% | $72,661↑24% | — |
| 2015 | $52,680↑21% | $33,007↓12% | $58,408↑78% | — |
| 2014 | $43,449↓33% | $37,511↑15% | $32,797 | — |
| 2013 | $65,313 | $32,516 | $32,797 | — |
Frequently Asked Questions
What does Lake Trust Credit Union Foundation do?▼
Lake Trust Credit Union Foundation is a human services nonprofit organization based in Michigan. It is classified under NTEE code P800 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lake Trust Credit Union Foundation financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Lake Trust Credit Union Foundation.
How much revenue does Lake Trust Credit Union Foundation generate?▼
Lake Trust Credit Union Foundation reports $321K in annual revenue and holds $1.0M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Human Services category, or browse all nonprofits in Michigan.