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TO RECEIVE AND ADMINISTER FUNDS AND ASSETS EXCLUSIVELY FOR CHARITABLE OR EDUCATIONAL PURPOSES FOR THE BENEFIT OF LIVINGSTON COUNTY, MICHIGAN OR ITS RESIDENTS; PROVIDED, HOWEVER, THAT SUCH FUNDS AND ASSETS SHALL BE USED FOR EXCLUSIVELY PUBLIC PURPOSES; NO PART OF THE NET EARNINGS OF THE FOUNDATION SHALL BE FOR THE BENEFIT OF ANY PRIVATE INDIVIDUAL.
TO RECEIVE AND ADMINISTER FUNDS AND ASSETS EXCLUSIVELY FOR CHARITABLE OR EDUCATIONAL PURPOSES FOR THE BENEFIT OF LIVINGSTON COUNTY, MICHIGAN OR ITS RESIDENTS; PROVIDED, HOWEVER, THAT SUCH FUNDS AND ASSETS SHALL BE USED FOR EXCLUSIVELY PUBLIC PURPOSES; NO PART OF THE NET EARNINGS OF THE FOUNDATION SHALL BE FOR THE BENEFIT OF ANY PRIVATE INDIVIDUAL.
Average percentage of expenses on programs and services over the past three years. A ratio greater than 70.00% receives full credit.
ExpensesFY2021
ExpensesFY2022
ExpensesFY2023
Source: Public data from IRS Form 990
Total liabilities divided by total assets, indicating long-term sustainability. A ratio under 50.00% receives full credit
Source: Public data from IRS Form 990. Fiscal Year 2023.
| Score | Metric |
|---|---|
| 0% | Program Expense Ratio:25.41% of total expenses Average percentage of expenses on programs and services over the past three years. A ratio greater than 70.00% receives full credit. ExpensesFY2021
ExpensesFY2022
ExpensesFY2023
Source: Public data from IRS Form 990 |
| 100% | Liabilities to Assets Ratio:0.00% of total assets Total liabilities divided by total assets, indicating long-term sustainability. A ratio under 50.00% receives full credit Source: Public data from IRS Form 990. Fiscal Year 2023. |