jain.com
jain.comCharity Clarity

Charity Clarity › Look up a charity › Michigan

Innovation Marquette Enterprise Corporation

Marquette, Michigan · EIN 47-3721222 · Community Improvement · tax-exempt since 2015

A

Charity Clarity grade A (score 82.1 of 100), based on the Form 990 for the year ended September 2025.

Graded against 9,569 community improvement nonprofits with revenue $2M–$10M filing the same form. A = top 10%, B = next 20%, C = middle 40%, D = next 20%, F = bottom 10%.

What goes into the grade

MeasureThis charityScore (0–100)
ReservesMonths of spending covered by unrestricted net assets.6.5 months99
GovernanceBoard independence, key policies and audit, per the 990.82% of practices82
Margin stabilityHow steady the surplus or deficit is year to year.43
Revenue spreadHow much revenue rests on one type of income.7% from one source86
Filing recordOn-time, complete filings, year after year.100%100
Program spendingSelf-reported by the filer.90.4%not scored
Management costsShare of spending.3.7%not scored
Cost to raise $1Fundraising cost per dollar given.$0.64not scored

Scores compare this charity with its peer group; 100 is best. How Charity Clarity rates charities.

Year by year

201620172018202020212022202320242025grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
Sep 2025Form 990$2.49M$2.35M$137K$1.27M6.514A
Sep 2024Form 990$2.23M$2.42M−$193K$1.13M5.611B
Sep 2023Form 990$2.20M$2.03M$166K$1.33M7.811A
Sep 2022Form 990$1.65M$1.54M$114K$1.16M9.19B
Sep 2021Form 990$1.43M$965K$466K$1.04M13.08B
Sep 2020Form 990$927K$746K$181K$561K9.08A
Sep 2018Form 990$598K$509K$90K$114K2.75A
Sep 2017Form 990$393K$338K$56K$9,5480.34D
Sep 2016Form 990$255K$301K−$46K−$46K-1.81C

From the organisation’s own IRS filings. “Months of spending” is total net assets divided by a month of that year’s spending. A blank grade means that year was not rated.

Read the filings

Every figure here comes from the returns this charity filed with the IRS. These sites show the full returns and more about the organisation:

Similar community improvement charities in Michigan