Adult Learning Systems-lower Michigan Inc is a 501(c)(3) organization based in Ann Arbor, Michigan, registered in 1999, with $8,602,478 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$8.6M
▲ 8.4% vs prior year
Human Services median: $293K
Expenses (FY2023)
$8.5M
Net assets
$5.4M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Adult Learning Systems-lower Michigan Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Adult Learning Systems-lower Michigan Inc: 8 mo reserves · +2% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Adult Learning Systems-lower Michigan Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Adult Learning Systems-lower Michigan Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $6.9M (FY2019) to $8.6M (FY2023) across 5 reported years.
Financial snapshot
Operating margin
1.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$6.2M
Total liabilities
$876K
Net assets
$5.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $8,602,478▲8.4% | $8,465,860▲12.9% | $5,373,446▲10.5% | $6,248,990▲12.8% | 990 |
| 2022 | $7,936,714▼1.8% | $7,500,861▼2.9% | $4,864,387▲12.4% | $5,542,327▲8.2% | 990 |
| 2021 | $8,079,439▲0.4% | $7,724,438▲8.5% | $4,326,785▼2.1% | $5,122,150▲1.4% | 990 |
| 2020 | $8,043,942▲16.6% | $7,118,878▼0.2% | $4,421,043▲32.0% | $5,050,884 | 990 |
| 2019 | $6,897,157 | $7,130,585 | $3,348,916 | $5,050,297 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Adult Learning Systems-lower Michigan Inc (EIN 38-3412103) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.