PHuman ServicesEIN: 043804600· Ruling Year: 2005

Healthnetwork Foundation

Cleveland, Ohio

A-Health Score
77A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 15 peers in Human Services with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org9.88×
Peer Median7.39×
💰
$12.1M
Total Revenue
📊
$5.6M
Total Expenses
🏦
$55.6M
Net Assets
📋
$3.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-3.3%
Year-over-year change (2022 → 2023)
Net Margin
+53.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
9.88
Net assets divided by total expenses
Liabilities-to-Assets
5.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$12,147,2913%$5,631,8312%$58,624,08427%
2022$12,557,50612%$5,732,89844%$46,284,6115%
2021$11,179,51145%$3,983,09015%$48,753,26823%
2020$7,687,27518%$3,473,0316%$39,558,51130%
2019$6,505,5828%$3,265,6181%$30,395,14329%
2018$6,038,85919%$3,236,95636%$23,614,0055%
2017$5,080,9923%$2,378,8238%$22,467,83328%
2016$4,927,82316%$2,199,5853%$17,544,15720%
2015$4,257,8846%$2,265,0616%$14,614,1219%
2014$4,033,6138%$2,403,46719%$13,374,82113%
2013$3,719,6579%$2,015,8304%$11,839,69627%
2012$3,424,48211%$1,941,9681%$9,349,75820%
2011$3,072,973$1,926,506$7,789,199

Frequently Asked Questions

What does Healthnetwork Foundation do?

Healthnetwork Foundation is a human services nonprofit organization based in Ohio. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Healthnetwork Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Healthnetwork Foundation has a score of 77/100 (Grade: A-). 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 Healthnetwork Foundation generate?

Healthnetwork Foundation reports $16.7M in annual revenue and holds $73.0M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Human Services category, or browse all nonprofits in Ohio.