EHealth CareEIN: 020585175· Ruling Year: 2002

Washtenaw Health Plan Corporation

Ypsilanti, Michigan

B+Health Score
71B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 2 peers in Health Care with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.23×
Peer Median29.34×
💰
$2.3M
Total Revenue
📊
$2.2M
Total Expenses
🏦
$2.7M
Net Assets
📋
$355K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+40.0%
Year-over-year change (2022 → 2023)
Net Margin
+4.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.23
Net assets divided by total expenses
Liabilities-to-Assets
11.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,295,56440%$2,193,8346%$3,055,8435%
2022$1,639,99424%$2,060,7879%$2,909,27111%
2021$2,156,14021%$1,889,1294%$3,253,3006%
2020$1,774,78940%$1,964,42910%$3,066,3643%
2019$1,266,92549%$2,177,3734%$3,153,51821%
2018$850,48826%$2,102,4249%$3,978,79924%
2017$1,151,01753%$1,931,3844%$5,236,57013%
2016$750,47557%$1,851,7626%$6,008,41416%
2015$1,729,84080%$1,743,61375%$7,129,2116%
2014$8,717,6955%$7,037,25424%$7,552,24324%
2013$9,161,16415%$9,311,509$6,087,3433%
2012$10,839,1163%$9,341,6317%$6,276,62437%
2011$10,516,925$8,759,698$4,579,679

Frequently Asked Questions

What does Washtenaw Health Plan Corporation do?

Washtenaw Health Plan Corporation is a health care nonprofit organization based in Michigan. It is classified under NTEE code E31 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Washtenaw Health Plan Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Washtenaw Health Plan Corporation has a score of 71/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Washtenaw Health Plan Corporation generate?

Washtenaw Health Plan Corporation reports $3.6M in annual revenue and holds $3.9M in total assets, based on IRS filings.

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