Michigan Home Health Association
Okemos, Michigan
B-Health Score
54B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
๐ฐ
$554K
Total Revenue
๐
$536K
Total Expenses
๐ฆ
$375K
Net Assets
๐
$170K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+14.1%
Year-over-year change (2022 โ 2023)
Net Margin
+3.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.70
Net assets divided by total expenses
Liabilities-to-Assets
31.2%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $554,108โ14% | $535,964โ9% | $544,672โ4% | |
| 2022 | $485,705โ12% | $491,201โ11% | $526,173โ1% | โ |
| 2021 | $432,132โ3% | $443,068โ16% | $519,914โ17% | โ |
| 2020 | $417,533โ30% | $526,151โ18% | $445,091โ24% | โ |
| 2019 | $599,652โ6% | $639,022โ7% | $588,120โ15% | โ |
| 2018 | $564,447โ19% | $684,010โ28% | $695,675โ9% | โ |
| 2017 | $476,266โ2% | $532,435โ1% | $764,491โ24% | โ |
| 2016 | $465,250โ17% | $527,553โ6% | $1,002,513โ10% | โ |
| 2015 | $397,645โ31% | $496,372โ21% | $909,976โ10% | โ |
| 2014 | $576,226โ18% | $625,246โ17% | $1,014,238โ5% | โ |
| 2013 | $705,803โ6% | $756,066โ7% | $1,069,245โ2% | โ |
| 2012 | $754,738โ8% | $709,224โ7% | $1,089,919โ19% | โ |
| 2011 | $822,015 | $765,121 | $917,905 | โ |
Frequently Asked Questions
What does Michigan Home Health Association do?โผ
Michigan Home Health Association is a unclassified nonprofit organization based in Michigan. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Michigan Home Health Association financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Michigan Home Health Association.
How much revenue does Michigan Home Health Association generate?โผ
Michigan Home Health Association reports $517K in annual revenue and holds $686K in total assets, based on IRS filings.
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