TPhilanthropy, Voluntarism & GrantmakingEIN: 821848600· Ruling Year: 2017

Cosgrove Foundation

Traverse City, Michigan

A-Health Score
78A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org50.82×
Peer Median18.82×
💰
$691K
Total Revenue
📊
$51K
Total Expenses
🏦
$2.6M
Net Assets
📋
$1
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+64.5%
Year-over-year change (2022 → 2023)
Net Margin
+92.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
50.82
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$691,31265%$51,28385%$2,606,026119%
2022$420,23820%$27,68062%$1,187,5632%
2021$527,675409%$17,043145%$1,211,725284%
2020$103,609129%$6,944175%$315,653186%
2019$45,255$2,525$110,365

Frequently Asked Questions

What does Cosgrove Foundation do?

Cosgrove Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Michigan. It is classified under NTEE code T20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Cosgrove Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Cosgrove Foundation has a score of 78/100 (Grade: A-). 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 Cosgrove Foundation generate?

Revenue data for Cosgrove Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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