Ascension Michigan
EIN: 382631907 · Detroit, MI · NTEE: P750
| Metric | Value |
|---|---|
| Total Revenue | $166.3M |
| Total Expenses | $156.3M |
| Net Assets | $9.1M |
Is Ascension Michigan Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ascension Michigan
Ascension Michigan (EIN: 382631907) is a nonprofit organization based in Detroit, MI, classified under NTEE code P750. The organization reported total revenue of $166.3M and total assets of $31.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ascension Michigan's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ascension Michigan is a major nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 28.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $148.4M |
| Total Expenses | $156.3M |
| Surplus / Deficit | $-7,957,552 |
| Total Assets | $26.3M |
| Total Liabilities | $17.2M |
| Net Assets | $9.1M |
| Operating Margin | -5.4% |
| Debt-to-Asset Ratio | 65.4% |
| Months of Reserves | 2.0 months |
Financial Health Grade: D
In 2023, Ascension Michigan reported a deficit of $8.0M with expenses exceeding revenue, holds 2.0 months of operating reserves (limited), has a debt-to-asset ratio of 65.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ascension Michigan's revenue has grown at a compound annual growth rate (CAGR) of 28.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.0% | +6.1% | -41.0% |
| 2022 | +3.8% | +14.9% | +86.2% |
| 2021 | -1.8% | -5.2% | +5.9% |
| 2020 | +34.4% | +26.4% | +22.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ascension Michigan has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ascension Michigan with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 65.4%.
Frequently Asked Questions about Ascension Michigan
Is Ascension Michigan a legitimate charity?
Based on AI analysis of IRS 990 filings, Ascension Michigan (EIN: 382631907) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ascension Michigan spend its money?
Detailed spending breakdown data is not yet available for Ascension Michigan. Check back for updated IRS 990 analysis.
Are donations to Ascension Michigan tax-deductible?
Ascension Michigan is registered as a tax-exempt nonprofit (EIN: 382631907). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ascension Michigan located?
Ascension Michigan is headquartered in Detroit, Michigan and files with the IRS under EIN 382631907. It is classified under NTEE code P750.
How many years of IRS 990 filings does Ascension Michigan have?
Ascension Michigan has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $166.3M in total revenue.
Filing History
IRS 990 filing history for Ascension Michigan showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ascension Michigan's revenue has grown by 1907.5%, moving from $7.4M to $148.4M. Total assets increased by 1490.6% over the same period, from $1.7M to $26.3M. Total functional expenses rose by 1348.1%, from $10.8M to $156.3M. In its most recent filing year (2023), Ascension Michigan reported a deficit of $8.0M, with expenses exceeding revenue. The organization holds $17.2M in liabilities against $26.3M in assets (debt-to-asset ratio: 65.4%), resulting in net assets of $9.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $148.4M | $156.3M | $26.3M | $17.2M | — | — |
| 2022 | $145.5M | $147.3M | $44.5M | $18.0M | — | View 990 |
| 2021 | $140.2M | $128.2M | $23.9M | $9.0M | — | — |
| 2020 | $142.7M | $135.2M | $22.6M | $9.4M | — | View 990 |
| 2019 | $106.1M | $107.0M | $18.4M | $8.9M | — | View 990 |
| 2018 | $0 | $0 | $1 | $0 | — | View 990 |
| 2017 | $0 | $0 | $1 | $0 | — | — |
| 2016 | $0 | $0 | $1 | $0 | — | View 990 |
| 2015 | $0 | $10K | $2K | $38K | — | View 990 |
| 2014 | $258K | $80K | $69K | $95K | — | View 990 |
| 2013 | $117K | $55K | $1 | $234K | — | View 990 |
| 2012 | $52 | $803K | $523K | $474K | — | View 990 |
| 2011 | $7.4M | $10.8M | $1.7M | $823K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $148.4M, expenses of $156.3M, and assets of $26.3M (revenue +2.0% year-over-year).
- 2022: Revenue of $145.5M, expenses of $147.3M, and assets of $44.5M (revenue +3.8% year-over-year).
- 2021: Revenue of $140.2M, expenses of $128.2M, and assets of $23.9M (revenue -1.8% year-over-year).
- 2020: Revenue of $142.7M, expenses of $135.2M, and assets of $22.6M (revenue +34.4% year-over-year).
- 2019: Revenue of $106.1M, expenses of $107.0M, and assets of $18.4M.
- 2018: Revenue of $0, expenses of $0, and assets of $1.
- 2017: Revenue of $0, expenses of $0, and assets of $1.
- 2016: Revenue of $0, expenses of $0, and assets of $1.
- 2015: Revenue of $0, expenses of $10K, and assets of $2K (revenue -100.0% year-over-year).
- 2014: Revenue of $258K, expenses of $80K, and assets of $69K (revenue +121.5% year-over-year).
- 2013: Revenue of $117K, expenses of $55K, and assets of $1 (revenue +223946.2% year-over-year).
- 2012: Revenue of $52, expenses of $803K, and assets of $523K (revenue -100.0% year-over-year).
- 2011: Revenue of $7.4M, expenses of $10.8M, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ascension Michigan:
Data Sources and Methodology
This transparency report for Ascension Michigan is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.