Michigan Statewide Independent Living Corporation
EIN: 383572497 · Middleville, MI · NTEE: T30
| Metric | Value |
|---|---|
| Total Revenue | $436K |
| Total Expenses | $311K |
| Net Assets | $50K |
Is Michigan Statewide Independent Living Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Michigan Statewide Independent Living Corporation
Michigan Statewide Independent Living Corporation (EIN: 383572497) is a nonprofit organization based in Middleville, MI, classified under NTEE code T30. The organization reported total revenue of $436K and total assets of $98K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Michigan Statewide Independent Living Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Michigan Statewide Independent Living Corporation is a small nonprofit that has been operating for 25 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -4.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $311K |
| Total Expenses | $311K |
| Surplus / Deficit | $-239 |
| Total Assets | $88K |
| Total Liabilities | $39K |
| Net Assets | $50K |
| Operating Margin | -0.1% |
| Debt-to-Asset Ratio | 43.9% |
| Months of Reserves | 3.4 months |
Financial Health Grade: B
In 2022, Michigan Statewide Independent Living Corporation reported a deficit of $239 with expenses exceeding revenue, holds 3.4 months of operating reserves (adequate), has a debt-to-asset ratio of 43.9% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2022), Michigan Statewide Independent Living Corporation's revenue has declined at a compound annual growth rate (CAGR) of -4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +13.0% | +12.2% | +8.7% |
| 2021 | +2.4% | +3.0% | -25.1% |
| 2020 | -23.7% | -26.5% | -42.4% |
| 2019 | -26.2% | -23.3% | -9.9% |
| 2018 | +12.5% | +12.6% | +18.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Michigan Statewide Independent Living Corporation 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 Statewide Independent Living Corporation 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $239, with expenses exceeding revenue.
- Debt-to-asset ratio: 43.9%.
Frequently Asked Questions about Michigan Statewide Independent Living Corporation
Is Michigan Statewide Independent Living Corporation a legitimate charity?
Michigan Statewide Independent Living Corporation (EIN: 383572497) is a registered tax-exempt nonprofit based in Michigan. It has 12 years of IRS 990 filings on record. Total revenue: $436K. No red flags identified. Financial health grade: B.
How does Michigan Statewide Independent Living Corporation spend its money?
Michigan Statewide Independent Living Corporation reported $436K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Michigan Statewide Independent Living Corporation tax-deductible?
Michigan Statewide Independent Living Corporation is registered as a tax-exempt nonprofit (EIN: 383572497). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Michigan Statewide Independent Living Corporation located?
Michigan Statewide Independent Living Corporation is headquartered in Middleville, Michigan and files with the IRS under EIN 383572497. It is classified under NTEE code T30.
How many years of IRS 990 filings does Michigan Statewide Independent Living Corporation have?
Michigan Statewide Independent Living Corporation has 12 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 $436K in total revenue.
Filing History
IRS 990 filing history for Michigan Statewide Independent Living Corporation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Michigan Statewide Independent Living Corporation's revenue has declined by 36.2%, moving from $487K to $311K. Total assets decreased by 47.5% over the same period, from $168K to $88K. Total functional expenses fell by 31.4%, from $453K to $311K. In its most recent filing year (2022), Michigan Statewide Independent Living Corporation reported a deficit of $239, with expenses exceeding revenue. The organization holds $39K in liabilities against $88K in assets (debt-to-asset ratio: 43.9%), resulting in net assets of $50K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $311K | $311K | $88K | $39K | — | — |
| 2021 | $275K | $277K | $81K | $32K | — | View 990 |
| 2020 | $268K | $269K | $109K | $57K | — | View 990 |
| 2019 | $352K | $366K | $189K | $136K | — | View 990 |
| 2018 | $477K | $477K | $209K | $143K | — | View 990 |
| 2017 | $424K | $424K | $176K | $110K | — | View 990 |
| 2016 | $412K | $409K | $183K | $117K | — | View 990 |
| 2015 | $419K | $410K | $172K | $109K | — | View 990 |
| 2014 | $393K | $397K | $169K | $115K | — | View 990 |
| 2013 | $413K | $432K | $156K | $98K | — | View 990 |
| 2012 | $421K | $431K | $173K | $96K | — | View 990 |
| 2011 | $487K | $453K | $168K | $82K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $311K, expenses of $311K, and assets of $88K (revenue +13.0% year-over-year).
- 2021: Revenue of $275K, expenses of $277K, and assets of $81K (revenue +2.4% year-over-year).
- 2020: Revenue of $268K, expenses of $269K, and assets of $109K (revenue -23.7% year-over-year).
- 2019: Revenue of $352K, expenses of $366K, and assets of $189K (revenue -26.2% year-over-year).
- 2018: Revenue of $477K, expenses of $477K, and assets of $209K (revenue +12.5% year-over-year).
- 2017: Revenue of $424K, expenses of $424K, and assets of $176K (revenue +3.0% year-over-year).
- 2016: Revenue of $412K, expenses of $409K, and assets of $183K (revenue -1.9% year-over-year).
- 2015: Revenue of $419K, expenses of $410K, and assets of $172K (revenue +6.9% year-over-year).
- 2014: Revenue of $393K, expenses of $397K, and assets of $169K (revenue -4.9% year-over-year).
- 2013: Revenue of $413K, expenses of $432K, and assets of $156K (revenue -2.1% year-over-year).
- 2012: Revenue of $421K, expenses of $431K, and assets of $173K (revenue -13.4% year-over-year).
- 2011: Revenue of $487K, expenses of $453K, and assets of $168K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Michigan Statewide Independent Living Corporation:
Data Sources and Methodology
This transparency report for Michigan Statewide Independent Living Corporation 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.