Hems Inc
Wayne, Michigan
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 2 peers in Health Care with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,617,549↓2% | $2,767,729↓5% | $1,960,563↓1% | — |
| 2022 | $2,673,706↓54% | $2,915,810↓49% | $1,975,763↓15% | — |
| 2021 | $5,791,233↑40% | $5,696,838↑36% | $2,336,773↓8% | — |
| 2020 | $4,140,629↑61% | $4,202,557↑57% | $2,546,644↓49% | — |
| 2019 | $2,564,728↓13% | $2,684,600↓13% | $4,983,095↓11% | — |
| 2018 | $2,946,516↓2% | $3,071,891↓6% | $5,578,795↑77% | — |
| 2017 | $2,992,469↑31% | $3,268,124↑26% | $3,150,641↓10% | — |
| 2016 | $2,276,709↓18% | $2,602,895↓14% | $3,483,627↓19% | — |
| 2015 | $2,778,362↑2% | $3,017,999↑2% | $4,288,365↑10% | — |
| 2014 | $2,729,088↓14% | $2,970,523↓14% | $3,889,237↓17% | — |
| 2013 | $3,155,893↓20% | $3,472,221↓6% | $4,692,812↓6% | — |
| 2012 | $3,958,428↑2% | $3,683,347↓10% | $4,992,581↑3% | — |
| 2011 | $3,891,227 | $4,096,914 | $4,856,228 | — |
Frequently Asked Questions
What does Hems Inc do?▼
Hems Inc is a health care nonprofit organization based in Michigan. It is classified under NTEE code E63E and is registered as a 501(c) tax-exempt organization with the IRS.
Is Hems Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Hems Inc has a score of 58/100 (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 Hems Inc generate?▼
Hems Inc reports $2.5M in annual revenue and holds $2.1M in total assets, based on IRS filings.
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