Michigan Health Improvement Alliance Inc
Freeland, Michigan
CHealth Score
41C
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Below Average
💰
$549K
Total Revenue
📊
$1.4M
Total Expenses
🏦
$700K
Net Assets
📋
$63K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-63.8%
Year-over-year change (2022 → 2023)
Net Margin
-162.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.49
Net assets divided by total expenses
Liabilities-to-Assets
8.3%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $548,824↓64% | $1,439,767↓14% | $762,600↓54% | |
| 2022 | $1,515,933↑5% | $1,679,436↑7% | $1,662,957↓12% | — |
| 2021 | $1,446,604↓1% | $1,562,889↑29% | $1,879,116↓6% | — |
| 2020 | $1,456,216↑10% | $1,208,281↑59% | $1,995,795↑19% | — |
| 2019 | $1,319,582↑27% | $759,255↑46% | $1,678,665↑53% | — |
| 2018 | $1,041,185↑19% | $519,656↓11% | $1,095,003↑75% | — |
| 2017 | $877,726↑252% | $586,022↑36% | $626,194↑123% | — |
| 2016 | $249,355↑151% | $431,391↑5% | $280,240↓37% | — |
| 2015 | $99,308↓84% | $412,739↑25% | $445,571↓42% | — |
| 2014 | $624,450↑15% | $329,492↑7% | $771,596↑66% | — |
| 2013 | $540,687↑203% | $309,188↑40% | $463,575↑104% | — |
| 2012 | $178,718↓52% | $221,589↑198% | $227,734↓26% | — |
| 2011 | $376,024 | $74,472 | $306,067 | — |
Frequently Asked Questions
What does Michigan Health Improvement Alliance Inc do?▼
Michigan Health Improvement Alliance Inc is a health care nonprofit organization based in Michigan. It is classified under NTEE code E05 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Michigan Health Improvement Alliance Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Michigan Health Improvement Alliance Inc.
How much revenue does Michigan Health Improvement Alliance Inc generate?▼
Michigan Health Improvement Alliance Inc reports $727K in annual revenue and holds $1.0M in total assets, based on IRS filings.
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