TRAVERSE CITY, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NORTHERN MICHIGAN CATHOLIC FOUNDATION, founded in 1998, is a community nonprofit in the Religion sector that reported $6.7M in total revenue in fiscal year 2024. Revenue surged 105% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.0M, a strong 89% operating margin.
THE FOUNDATION IS ORGANIZED TO SUPPORT FINANCIALLY THE SPIRITUAL, EDUCATIONAL, AND SOCIAL NEEDS OF THE LOCAL ROMAN CATHOLIC COMMUNITY WITHIN THE DIOCESE OF GAYLORD AND TO PROVIDE RESPONSIBLE AND EFFECTIVE FUNDRAISING, FINANCIAL MANAGEMENT, STEWARDSHIP, AND USE OF RESOURCES WITH DUE REGARD TO THE TEACHINGS OF THE ROMAN CATHOLIC FAITH.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $6,737,020 | $3,291,678 | +1.0% |
| Expenses | $772,277 | $954,927 | -0.2% |
| Net Income | $5,964,743 | $2,336,751 | +1.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| REV JAMES HAYDEN | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN PUETZ | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOEL R MYLER | CHAIRMAN | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| TIMOTHY J CLULO | VICE CHAIRMAN | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| STEFAN SCHOLL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| WAYNE MUELLER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CLIFF ROBERTS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MOST REV JEFFERY J WALSH | DIRECTOR (NON-VOTING) | 1.00 |
Director
|
$0 | $0 | $0 |
| RON G HARRIS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TOM HARDY | PRESIDENT | 40.00 |
Officer
|
$110,000 | $17,366 | $127,366 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $6,737,020 | $772,277 | $44,671,854 | $5,964,743 |
| 2023 | $3,291,678 | $954,927 | $36,212,071 | $2,336,751 |
| 2022 | $6,801,988 | $816,606 | $30,264,807 | $5,985,382 |
| 2021 | $2,831,837 | $822,422 | $29,204,956 | $2,009,415 |
| 2020 | $1,792,383 | $850,803 | $25,526,060 | $941,580 |
| 2019 | $1,924,290 | $808,878 | $22,819,541 | $1,115,412 |
| 2018 | $2,077,860 | $361,814 | $19,090,340 | $1,716,046 |
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