Michigan City Family Center 980
EIN: 350480330 · Trail Creek, IN
| Metric | Value |
|---|---|
| Total Revenue | $280K |
| Total Expenses | $138K |
| Net Assets | $509K |
Is Michigan City Family Center 980 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Michigan City Family Center 980
Michigan City Family Center 980 (EIN: 350480330) is a nonprofit organization based in Trail Creek, IN. The organization reported total revenue of $280K and total assets of $616K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Michigan City Family Center 980's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Michigan City Family Center 980 is a small nonprofit that has been operating for 91 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -8.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $121K |
| Total Expenses | $138K |
| Surplus / Deficit | $-16,991 |
| Total Assets | $589K |
| Total Liabilities | $79K |
| Net Assets | $509K |
| Operating Margin | -14.0% |
| Debt-to-Asset Ratio | 13.5% |
| Months of Reserves | 51.0 months |
Financial Health Grade: B
In 2024, Michigan City Family Center 980 reported a deficit of $17K with expenses exceeding revenue, holds 51.0 months of operating reserves (strong position), has a debt-to-asset ratio of 13.5% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Michigan City Family Center 980's revenue has declined at a compound annual growth rate (CAGR) of -8.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +4.7% | +29.4% | +5.7% |
| 2023 | +35.4% | +26.7% | -29.1% |
| 2022 | -6.6% | +79.2% | -26.6% |
| 2021 | -26.8% | -63.8% | +9.1% |
| 2020 | -30.1% | -34.6% | +4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1935 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Michigan City Family Center 980 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 Michigan City Family Center 980 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $17K, with expenses exceeding revenue.
- Debt-to-asset ratio: 13.5%.
Frequently Asked Questions about Michigan City Family Center 980
Is Michigan City Family Center 980 a legitimate charity?
Michigan City Family Center 980 (EIN: 350480330) is a registered tax-exempt nonprofit based in Indiana. It has 13 years of IRS 990 filings on record. Total revenue: $280K. No red flags identified. Financial health grade: B.
How does Michigan City Family Center 980 spend its money?
Michigan City Family Center 980 reported $280K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Michigan City Family Center 980 tax-deductible?
Michigan City Family Center 980 is registered as a tax-exempt nonprofit (EIN: 350480330). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Michigan City Family Center 980 located?
Michigan City Family Center 980 is headquartered in Trail Creek, Indiana and files with the IRS under EIN 350480330.
How many years of IRS 990 filings does Michigan City Family Center 980 have?
Michigan City Family Center 980 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 $280K in total revenue.
Filing History
IRS 990 filing history for Michigan City Family Center 980 showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Michigan City Family Center 980's revenue has declined by 63.4%, moving from $332K to $121K. Total assets decreased by 44% over the same period, from $1.1M to $589K. Total functional expenses fell by 57%, from $322K to $138K. In its most recent filing year (2024), Michigan City Family Center 980 reported a deficit of $17K, with expenses exceeding revenue. The organization holds $79K in liabilities against $589K in assets (debt-to-asset ratio: 13.5%), resulting in net assets of $509K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $121K | $138K | $589K | $79K | — | — |
| 2023 | $116K | $107K | $557K | $41K | — | View 990 |
| 2022 | $86K | $84K | $785K | $63K | — | View 990 |
| 2021 | $92K | $47K | $1.1M | $310K | — | View 990 |
| 2020 | $125K | $130K | $981K | $255K | — | View 990 |
| 2019 | $179K | $199K | $941K | $210K | — | View 990 |
| 2018 | $228K | $207K | $986K | $288K | — | View 990 |
| 2017 | $209K | $208K | $983K | $298K | — | View 990 |
| 2016 | $223K | $207K | $999K | $330K | — | View 990 |
| 2015 | $211K | $249K | $1000K | $354K | — | View 990 |
| 2014 | $298K | $272K | $1.0M | $352K | — | View 990 |
| 2013 | $275K | $289K | $1.0M | $365K | — | View 990 |
| 2012 | $332K | $322K | $1.1M | $347K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $121K, expenses of $138K, and assets of $589K (revenue +4.7% year-over-year).
- 2023: Revenue of $116K, expenses of $107K, and assets of $557K (revenue +35.4% year-over-year).
- 2022: Revenue of $86K, expenses of $84K, and assets of $785K (revenue -6.6% year-over-year).
- 2021: Revenue of $92K, expenses of $47K, and assets of $1.1M (revenue -26.8% year-over-year).
- 2020: Revenue of $125K, expenses of $130K, and assets of $981K (revenue -30.1% year-over-year).
- 2019: Revenue of $179K, expenses of $199K, and assets of $941K (revenue -21.5% year-over-year).
- 2018: Revenue of $228K, expenses of $207K, and assets of $986K (revenue +9.1% year-over-year).
- 2017: Revenue of $209K, expenses of $208K, and assets of $983K (revenue -6.4% year-over-year).
- 2016: Revenue of $223K, expenses of $207K, and assets of $999K (revenue +5.7% year-over-year).
- 2015: Revenue of $211K, expenses of $249K, and assets of $1000K (revenue -29.1% year-over-year).
- 2014: Revenue of $298K, expenses of $272K, and assets of $1.0M (revenue +8.5% year-over-year).
- 2013: Revenue of $275K, expenses of $289K, and assets of $1.0M (revenue -17.2% year-over-year).
- 2012: Revenue of $332K, expenses of $322K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Michigan City Family Center 980:
Data Sources and Methodology
This transparency report for Michigan City Family Center 980 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.