E — Health CareEIN: 351579827

Healthnet INC

Indianapolis, Indiana

B-Health Score
53B-

Financial Health Score

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

Average

How This Organization Compares

Compared to 39 peers in Health Care with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.23×
Peer Median8.62×
💰
$85.5M
Total Revenue
📊
$89.4M
Total Expenses
🏦
$20.4M
Net Assets
📋
$25.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.9%
Year-over-year change (2022 → 2023)
Net Margin
-4.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.23
Net assets divided by total expenses
Liabilities-to-Assets
55.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$85,532,246↑6%$89,403,493↑5%$45,470,418↑1%
2022$80,784,256↓2%$84,831,044↑12%$45,218,082↑18%
2021$82,635,929↑30%$75,861,075↑11%$38,369,319↑13%
2020$63,561,257↓12%$68,483,005↑9%$33,908,365↑7%
2019$72,517,486↑21%$62,653,768↓3%$31,677,021↑26%
2018$59,783,096↓31%$64,402,918↑2%$25,119,043↓26%
2017$87,233,649↑41%$63,255,520↓2%$33,762,698↑28%
2016$62,018,464↑5%$64,416,372↑9%$26,423,251↓7%
2015$59,073,351↑5%$59,213,458↑7%$28,455,240↑5%
2014$56,433,120↑8%$55,091,525↑1%$27,174,314↑3%
2013$52,137,486↑6%$54,683,013↑7%$26,494,549↑3%
2012$49,064,289↓6%$50,916,430↑6%$25,625,659↑2%
2011$52,017,833$48,259,086$25,235,717

Frequently Asked Questions

What does Healthnet INC do?▼

Healthnet INC is a health care nonprofit organization based in Indiana. It is classified under NTEE code E20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Healthnet INC financially healthy?▼

Based on our 9-metric Financial Health Score model, Healthnet INC has a score of 53/100 (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 Healthnet INC generate?▼

Healthnet INC reports $83.7M in annual revenue and holds $45.3M in total assets, based on IRS filings.

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