X โ€” Religion-RelatedEIN: 814107324ยท Ruling Year: 2017

Catholic Foundation Of Michigan

Bloomfld Hls, Michigan

BHealth Score
63B

Financial Health Score

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

Above Average

๐Ÿ’ฐ
$9.2M
Total Revenue
๐Ÿ“Š
$6.1M
Total Expenses
๐Ÿฆ
$21.5M
Net Assets
๐Ÿ“‹
$26.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-54.7%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+34.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.55
Net assets divided by total expenses
Liabilities-to-Assets
55.4%
Total liabilities as % of total assets

Filing History

8 filings on record
YearRevenueExpensesAssets
2023$9,194,802โ†“55%$6,065,107โ†“17%$48,191,733โ†‘25%
2022$20,315,357โ†‘61%$7,342,550โ†‘85%$38,406,383โ†‘28%
2021$12,618,743โ†‘175%$3,975,132โ†‘23%$29,975,322โ†‘55%
2020$4,586,504โ†“50%$3,232,982โ†‘99%$19,388,147โ†‘18%
2019$9,240,451โ†‘92%$1,622,193โ†‘36%$16,445,551โ†‘124%
2018$4,801,576โ†‘11%$1,196,014โ†‘409%$7,330,617โ†‘75%
2017$4,320,741โ†‘4377%$235,076โ†‘27556%$4,179,781โ†‘4270%
2016$96,500$850$95,650

Frequently Asked Questions

What does Catholic Foundation Of Michigan do?โ–ผ

Catholic Foundation Of Michigan is a religion-related nonprofit organization based in Michigan. It is classified under NTEE code X12 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Catholic Foundation Of Michigan financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Catholic Foundation Of Michigan has a score of 63/100 (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 Catholic Foundation Of Michigan generate?โ–ผ

Catholic Foundation Of Michigan reports $8.7M in annual revenue and holds $54.3M in total assets, based on IRS filings.

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Catholic Foundation Of Michigan โ€” Bloomfld Hls, MI | GiveScope