CSCharityScored
85

Michigan Boating Industries Assoc

Other · Commerce Township, Michigan

8625 Richardson Road, Commerce Township, MI 48390-1376

EIN: 381707809· Founded: Mar 1984· 42 years active· Filing Year: 2024

Annual Revenue

$3.2M

Total Expenses

$3.0M

Total Assets

$8.2M

Program Spending

100%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$198K

6.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$344K

Total Payroll

$542K

18% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 18%
Other overhead: 0%
Program Revenue$2.9M (93%)
Total Expenses$3.0M (93%)
Payroll$542K (18%)
Overhead (non-program)0%

Trust Score Breakdown

Program Spending Ratio

100% of expenses go to programs

40%

Revenue & Stability

$3.2M annual revenue

15%

Executive Compensation

$198K total officer comp (6.7% of expenses)

20%

Filing Recency

Most recent filing: 2024

15%

Asset Strength

$8.2M in assets

10%

Data from IRS Form 990 filing (2024). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.