Michigan Workers Compensation Placement Facility
Livonia, 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 22 peers in Unclassified 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 | $3,183,448↑12% | $2,244,308↓4% | $3,058,469↑29% | — |
| 2022 | $2,833,657↓1% | $2,339,897↓4% | $2,370,177↓8% | — |
| 2021 | $2,865,887↓6% | $2,439,465↑2% | $2,575,002↓17% | — |
| 2020 | $3,052,086↑7% | $2,384,289↓5% | $3,111,369↑3% | — |
| 2019 | $2,851,007↑2% | $2,522,380↑7% | $3,013,752↓12% | — |
| 2018 | $2,799,840↑6% | $2,365,993↓2% | $3,406,594↑49% | — |
| 2017 | $2,632,400↓3% | $2,420,041↑5% | $2,280,430↓2% | — |
| 2016 | $2,703,537↑2% | $2,305,719↓23% | $2,328,933↓8% | — |
| 2015 | $2,647,525↓20% | $2,991,226↑7% | $2,522,480↓59% | — |
| 2014 | $3,302,765↓11% | $2,806,406↓13% | $6,204,517↓26% | — |
| 2013 | $3,711,425↑21% | $3,231,629↑8% | $8,385,212↓21% | — |
| 2012 | $3,077,813↓2% | $2,984,087↑1% | $10,621,525↑23% | — |
| 2011 | $3,142,204 | $2,953,185 | $8,629,480 | — |
Frequently Asked Questions
What does Michigan Workers Compensation Placement Facility do?▼
Michigan Workers Compensation Placement Facility 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 Workers Compensation Placement Facility financially healthy?▼
Based on our 9-metric Financial Health Score model, Michigan Workers Compensation Placement Facility has a score of 60/100 (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 Michigan Workers Compensation Placement Facility generate?▼
Michigan Workers Compensation Placement Facility reports $3.1M in annual revenue and holds $2.7M in total assets, based on IRS filings.
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