Finnish Center Association
EIN: 237246811 · Farmingtn Hls, MI · NTEE: A23
| Metric | Value |
|---|---|
| Total Revenue | $312K |
| Total Expenses | $130K |
| Net Assets | $549K |
Is Finnish Center Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Finnish Center Association
Finnish Center Association (EIN: 237246811) is a nonprofit organization based in Farmingtn Hls, MI, classified under NTEE code A23. The organization reported total revenue of $312K and total assets of $608K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Finnish Center Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Finnish Center Association is a small nonprofit that has been operating for 9 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $190K |
| Total Expenses | $130K |
| Surplus / Deficit | +$60K |
| Total Assets | $558K |
| Total Liabilities | $9K |
| Net Assets | $549K |
| Operating Margin | 31.6% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 51.6 months |
Financial Health Grade: A
In 2023, Finnish Center Association reported a surplus of $60K with revenue exceeding expenses, holds 51.6 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Finnish Center Association's revenue has grown at a compound annual growth rate (CAGR) of 8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +80.6% | -17.2% | +6.4% |
| 2022 | +54.6% | +27.1% | -12.1% |
| 2021 | -3.5% | -1.5% | -3.4% |
| 2020 | -70.5% | -31.4% | -9.0% |
| 2019 | +11.0% | -3.5% | +8.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Finnish Center Association 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 Finnish Center Association 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 surplus of $60K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.7%.
Frequently Asked Questions about Finnish Center Association
Is Finnish Center Association a legitimate charity?
Finnish Center Association (EIN: 237246811) is a registered tax-exempt nonprofit based in Michigan. It has 13 years of IRS 990 filings on record. Total revenue: $312K. No red flags identified. Financial health grade: A.
How does Finnish Center Association spend its money?
Finnish Center Association reported $312K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Finnish Center Association tax-deductible?
Finnish Center Association is registered as a tax-exempt nonprofit (EIN: 237246811). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Finnish Center Association located?
Finnish Center Association is headquartered in Farmingtn Hls, Michigan and files with the IRS under EIN 237246811. It is classified under NTEE code A23.
How many years of IRS 990 filings does Finnish Center Association have?
Finnish Center Association 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 $312K in total revenue.
Filing History
IRS 990 filing history for Finnish Center Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Finnish Center Association's revenue has grown by 162.1%, moving from $72K to $190K. Total assets decreased by 2.2% over the same period, from $570K to $558K. Total functional expenses fell by 8%, from $141K to $130K. In its most recent filing year (2023), Finnish Center Association reported a surplus of $60K, with revenue exceeding expenses. The organization holds $9K in liabilities against $558K in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $549K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $190K | $130K | $558K | $9K | — | View 990 |
| 2022 | $105K | $157K | $525K | $36K | — | View 990 |
| 2021 | $68K | $123K | $597K | $57K | — | View 990 |
| 2020 | $70K | $125K | $618K | $23K | — | — |
| 2019 | $239K | $182K | $679K | $29K | — | View 990 |
| 2018 | $215K | $189K | $628K | $35K | — | View 990 |
| 2017 | $168K | $195K | $587K | $20K | — | View 990 |
| 2016 | $171K | $191K | $607K | $13K | — | View 990 |
| 2015 | $165K | $176K | $621K | $2K | — | View 990 |
| 2014 | $218K | $172K | $636K | $7K | — | View 990 |
| 2013 | $189K | $157K | $590K | $6K | — | View 990 |
| 2012 | $156K | $133K | $561K | $8K | — | View 990 |
| 2011 | $72K | $141K | $570K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $190K, expenses of $130K, and assets of $558K (revenue +80.6% year-over-year).
- 2022: Revenue of $105K, expenses of $157K, and assets of $525K (revenue +54.6% year-over-year).
- 2021: Revenue of $68K, expenses of $123K, and assets of $597K (revenue -3.5% year-over-year).
- 2020: Revenue of $70K, expenses of $125K, and assets of $618K (revenue -70.5% year-over-year).
- 2019: Revenue of $239K, expenses of $182K, and assets of $679K (revenue +11.0% year-over-year).
- 2018: Revenue of $215K, expenses of $189K, and assets of $628K (revenue +28.3% year-over-year).
- 2017: Revenue of $168K, expenses of $195K, and assets of $587K (revenue -1.7% year-over-year).
- 2016: Revenue of $171K, expenses of $191K, and assets of $607K (revenue +3.3% year-over-year).
- 2015: Revenue of $165K, expenses of $176K, and assets of $621K (revenue -24.1% year-over-year).
- 2014: Revenue of $218K, expenses of $172K, and assets of $636K (revenue +15.5% year-over-year).
- 2013: Revenue of $189K, expenses of $157K, and assets of $590K (revenue +21.2% year-over-year).
- 2012: Revenue of $156K, expenses of $133K, and assets of $561K (revenue +115.1% year-over-year).
- 2011: Revenue of $72K, expenses of $141K, and assets of $570K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Finnish Center Association:
Data Sources and Methodology
This transparency report for Finnish Center Association 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.