EHealth CareEIN: 382459948

Mymichigan Health

Midland, Michigan

B+Health Score
73B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 1225 peers in Health Care with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org10.85×
Peer Median0.50×
💰
$214.9M
Total Revenue
📊
$100.9M
Total Expenses
🏦
$1.1B
Net Assets
📋
$274.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+66.0%
Year-over-year change (2022 → 2023)
Net Margin
+53.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
10.85
Net assets divided by total expenses
Liabilities-to-Assets
20.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$214,882,51666%$100,912,9372%$1,369,009,0959%
2022$129,460,36562%$102,648,70811%$1,260,396,6081%
2021$343,130,388391%$92,228,0425%$1,253,347,49731%
2020$69,907,53045%$87,630,1765%$954,174,034
2019$127,504,4032%$83,775,02711%$950,268,7263%
2018$130,185,0915%$75,595,33210%$918,248,0085%
2017$136,817,48550%$68,738,2717%$873,064,6029%
2016$91,020,16240%$73,810,91415%$801,193,4903%
2015$65,010,25317%$64,000,9551%$779,013,9762%
2014$78,742,76317%$63,367,186210%$766,943,88110%
2013$67,496,97760%$20,422,5384%$699,997,7138%
2012$42,210,09957%$21,281,45864%$646,422,6584%
2011$97,253,396$12,986,257$622,630,576

Frequently Asked Questions

What does Mymichigan Health do?

Mymichigan Health is a health care nonprofit organization based in Michigan. It is classified under NTEE code E210 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Mymichigan Health financially healthy?

Based on our 9-metric Financial Health Score model, Mymichigan Health has a score of 73/100 (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 Mymichigan Health generate?

Mymichigan Health reports $296.0M in annual revenue and holds $1.6B in total assets, based on IRS filings.

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