Philanthropy & Grantmaking
(T30)
990 on File
MICHIGAN NURSES FOUNDATION
Financial strength (30%)
63/100
Reliability (20%)
50/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$2.1M
Total Revenue
$2.1M
Total Expenses
$237K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
98.5%
Fundraising Efficiency
0.0%
Operating Reserve
1.39x
Liability-to-Asset
23.2%
Revenue Diversification
99.3%
Compared with Peers
FY 2024
Compared with 5,343 similar organizations
(United States, Philanthropy & Grantmaking, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
98.5% | 90.9% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
1.5% | 8.3% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 2.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 148.1% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
1.4 mo | 80.9 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
23.2% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.3% | 89.7% |
P10P90
|
Bottom quarter |
|
Surplus margin
Surplus as a share of revenue
|
0.5% | 2.5% |
P10P90
|
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.