Promedica Foundation

Toledo, Ohio

BHealth Score
64B

Financial Health Score

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

Above Average

How This Organization Compares

Compared to 9 peers in Public & Societal Benefit with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org13.47×
Peer Median11.38×
💰
$16.6M
Total Revenue
📊
$25.1M
Total Expenses
🏦
$338.5M
Net Assets
📋
$21.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-22.8%
Year-over-year change (2022 → 2023)
Net Margin
-51.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
13.47
Net assets divided by total expenses
Liabilities-to-Assets
6.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$16,597,145↓23%$25,135,923↑15%$359,883,093↑8%
2022$21,490,515↓37%$21,862,373↑5%$332,575,061↓19%
2021$33,946,131↑40%$20,799,959↓10%$412,976,640↑7%
2020$24,233,338↓34%$23,138,052↑17%$386,053,064↑10%
2019$36,859,915↓4%$19,762,228↑5%$351,154,330↑15%
2018$38,479,876↓41%$18,902,907↓21%$304,253,146↓4%
2017$64,722,104↑170%$23,881,195↓63%$315,817,720↑16%
2016$23,981,625↓23%$65,030,495↑309%$272,769,359↓10%
2015$31,005,230↓14%$15,911,546↓7%$303,595,749
2014$36,153,801↑70%$17,138,407↑77%$305,119,874↑6%
2013$21,267,566↓10%$9,665,952↓22%$287,658,581↑16%
2012$23,713,524↑28%$12,357,834↑29%$248,386,421↑12%
2011$18,547,476$9,547,066$222,715,941

Frequently Asked Questions

What does Promedica Foundation do?▼

Promedica Foundation is a public & societal benefit nonprofit organization based in Ohio. It is classified under NTEE code W11 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Promedica Foundation financially healthy?▼

Based on our 9-metric Financial Health Score model, Promedica Foundation has a score of 64/100 (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 Promedica Foundation generate?▼

Promedica Foundation reports $32.4M in annual revenue and holds $392.8M in total assets, based on IRS filings.

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