Catholic Community Foundation Ofmid Michigan
Catholic Community Foundation Ofmid Michigan shows consistent asset growth and zero executive compensation.
EIN: 204595721 · Saginaw, MI · NTEE: X12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.4M |
| Total Expenses | $1.9M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $38 |
| Net Assets | $38.4M |
| Transparency Score | 92/100 |
Is Catholic Community Foundation Ofmid Michigan Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Catholic Community Foundation Ofmid Michigan directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Catholic Community Foundation Ofmid Michigan
Catholic Community Foundation Ofmid Michigan (EIN: 204595721) is a nonprofit organization based in Saginaw, MI, classified under NTEE code X12. The organization reported total revenue of $4.4M and total assets of $41.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Catholic Community Foundation Ofmid Michigan's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Catholic Community Foundation Ofmid Michigan is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.5M |
| Total Expenses | $1.9M |
| Surplus / Deficit | +$1.6M |
| Total Assets | $38.5M |
| Total Liabilities | $85K |
| Net Assets | $38.4M |
| Operating Margin | 45.7% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 243.6 months |
Financial Health Grade: A
In 2023, Catholic Community Foundation Ofmid Michigan reported a surplus of $1.6M with revenue exceeding expenses, holds 243.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Catholic Community Foundation Ofmid Michigan's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +91.7% | -23.6% | +14.2% |
| 2022 | -40.0% | -1.8% | -15.6% |
| 2021 | -23.0% | +78.5% | +8.7% |
| 2020 | +46.1% | -1.1% | +14.4% |
| 2019 | +19.9% | +8.0% | +17.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Catholic Community Foundation Ofmid Michigan with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Catholic Community Foundation Ofmid Michigan allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly commendable for a foundation with assets exceeding $38 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Catholic Community Foundation Ofmid Michigan:
- Consistent asset growth, reaching $38,508,340 in 2023.
- Zero officer compensation reported across all 13 filings, indicating high efficiency and transparency.
- Very low liabilities relative to assets, demonstrating strong financial management.
- Positive net revenue in most years, contributing to asset accumulation.
- Stable financial operations over a long period (13 years of filings).
Frequently Asked Questions about Catholic Community Foundation Ofmid Michigan
Is Catholic Community Foundation Ofmid Michigan a legitimate charity?
Based on AI analysis of IRS 990 filings, Catholic Community Foundation Ofmid Michigan (EIN: 204595721) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Catholic Community Foundation Ofmid Michigan spend its money?
Catholic Community Foundation Ofmid Michigan directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Catholic Community Foundation Ofmid Michigan tax-deductible?
Catholic Community Foundation Ofmid Michigan is registered as a tax-exempt nonprofit (EIN: 204595721). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Catholic Community Foundation Ofmid Michigan CEO make?
Catholic Community Foundation Ofmid Michigan's highest-compensated officer earns $38 annually. The organization reported $4.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Catholic Community Foundation Ofmid Michigan's spending goes to programs?
Catholic Community Foundation Ofmid Michigan directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Catholic Community Foundation Ofmid Michigan compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Catholic Community Foundation Ofmid Michigan is above average for NTEE category X12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Catholic Community Foundation Ofmid Michigan located?
Catholic Community Foundation Ofmid Michigan is headquartered in Saginaw, Michigan and files with the IRS under EIN 204595721. It is classified under NTEE code X12.
How many years of IRS 990 filings does Catholic Community Foundation Ofmid Michigan have?
Catholic Community Foundation Ofmid 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 $4.4M in total revenue.
Is Catholic Community Foundation Ofmid Michigan a good charity?
Based on the provided data, the foundation appears to be a very good charity. It demonstrates strong financial health with growing assets ($38.5M in 2023), very low liabilities ($85K in 2023), and a remarkable commitment to efficiency by reporting 0% officer compensation across all filings.
How has the foundation's asset base changed over time?
The foundation's assets have shown consistent growth, increasing from $24,489,056 in 2015 to $38,508,340 in 2023, indicating effective asset management and endowment growth.
What is the trend in revenue for the organization?
Revenue has fluctuated year-to-year, ranging from a low of $1,821,348 in 2022 to a high of $3,943,833 in 2020, and most recently $3,491,042 in 2023. This variability is common for foundations reliant on donations and investment returns.
Filing History
IRS 990 filing history for Catholic Community Foundation Ofmid Michigan showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Catholic Community Foundation Ofmid Michigan's revenue has declined by 10.4%, moving from $3.9M to $3.5M. Total assets increased by 110.5% over the same period, from $18.3M to $38.5M. Total functional expenses fell by 32.8%, from $2.8M to $1.9M. In its most recent filing year (2023), Catholic Community Foundation Ofmid Michigan reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $85K in liabilities against $38.5M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $38.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.5M | $1.9M | $38.5M | $85K | — | — |
| 2022 | $1.8M | $2.5M | $33.7M | $75K | — | View 990 |
| 2021 | $3.0M | $2.5M | $40.0M | $74K | — | View 990 |
| 2020 | $3.9M | $1.4M | $36.8M | $439K | — | — |
| 2019 | $2.7M | $1.4M | $32.1M | $297K | — | View 990 |
| 2018 | $2.3M | $1.3M | $27.3M | $504K | — | View 990 |
| 2017 | $2.0M | $1.5M | $29.1M | $722K | — | View 990 |
| 2016 | $2.5M | $1.4M | $26.0M | $875K | — | View 990 |
| 2015 | $1.9M | $1.2M | $24.5M | $931K | — | View 990 |
| 2014 | $2.1M | $1.5M | $24.9M | $642K | — | View 990 |
| 2013 | $3.2M | $1.3M | $24.0M | $883K | — | View 990 |
| 2012 | $2.0M | $1.2M | $20.6M | $1.1M | — | View 990 |
| 2011 | $3.9M | $2.8M | $18.3M | $862K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.5M, expenses of $1.9M, and assets of $38.5M (revenue +91.7% year-over-year).
- 2022: Revenue of $1.8M, expenses of $2.5M, and assets of $33.7M (revenue -40.0% year-over-year).
- 2021: Revenue of $3.0M, expenses of $2.5M, and assets of $40.0M (revenue -23.0% year-over-year).
- 2020: Revenue of $3.9M, expenses of $1.4M, and assets of $36.8M (revenue +46.1% year-over-year).
- 2019: Revenue of $2.7M, expenses of $1.4M, and assets of $32.1M (revenue +19.9% year-over-year).
- 2018: Revenue of $2.3M, expenses of $1.3M, and assets of $27.3M (revenue +12.4% year-over-year).
- 2017: Revenue of $2.0M, expenses of $1.5M, and assets of $29.1M (revenue -20.4% year-over-year).
- 2016: Revenue of $2.5M, expenses of $1.4M, and assets of $26.0M (revenue +33.4% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.2M, and assets of $24.5M (revenue -9.0% year-over-year).
- 2014: Revenue of $2.1M, expenses of $1.5M, and assets of $24.9M (revenue -35.5% year-over-year).
- 2013: Revenue of $3.2M, expenses of $1.3M, and assets of $24.0M (revenue +57.7% year-over-year).
- 2012: Revenue of $2.0M, expenses of $1.2M, and assets of $20.6M (revenue -47.8% year-over-year).
- 2011: Revenue of $3.9M, expenses of $2.8M, and assets of $18.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Catholic Community Foundation Ofmid Michigan:
Data Sources and Methodology
This transparency report for Catholic Community Foundation Ofmid 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.