Michigan Life and Health Insurance Guaranty Association
Haslett, Michigan
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 111 peers in Unclassified with $10M-$100M 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 | $2,612,192↑2378% | $1,110,151↑61% | $11,425,385↑15% | — |
| 2022 | $105,433↓93% | $690,700↑10% | $9,917,800↓6% | — |
| 2021 | $1,469,899↓67% | $630,253↓14% | $10,503,067↑9% | — |
| 2020 | $4,505,214↑1788% | $729,366↓4% | $9,663,421↑64% | — |
| 2019 | $238,626↓98% | $758,795↓97% | $5,887,573↓8% | — |
| 2018 | $11,699,720↓58% | $29,121,531↑214% | $6,407,742↓73% | — |
| 2017 | $27,713,136↑96% | $9,272,969↓37% | $23,829,553↑342% | — |
| 2016 | $14,143,276↑5121% | $14,696,597↑1929% | $5,389,386↓9% | — |
| 2015 | $270,888↓62% | $724,158↓12% | $5,942,707↓7% | — |
| 2014 | $711,371↓93% | $822,428↓93% | $6,395,977↓2% | — |
| 2013 | $10,708,970↑1465% | $12,481,210↑536% | $6,507,034↓21% | — |
| 2012 | $684,398↓85% | $1,961,302↓4% | $8,279,274↓13% | — |
| 2011 | $4,630,018 | $2,046,294 | $9,556,238 | — |
Frequently Asked Questions
What does Michigan Life and Health Insurance Guaranty Association do?▼
Michigan Life and Health Insurance Guaranty 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 Life and Health Insurance Guaranty Association financially healthy?▼
Based on our 9-metric Financial Health Score model, Michigan Life and Health Insurance Guaranty Association 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 Michigan Life and Health Insurance Guaranty Association generate?▼
Michigan Life and Health Insurance Guaranty Association reports $94.9M in annual revenue and holds $102.2M in total assets, based on IRS filings.
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