Reformed Benefits Association
Grand Rapids, 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 39 peers in Health Care with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
11 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $13,711,827↓6% | $13,435,945↓8% | $9,766,225↑2% | — |
| 2022 | $14,545,543↓4% | $14,642,819↑2% | $9,539,770 | — |
| 2021 | $15,087,077↓9% | $14,386,591↓9% | $9,561,157↑8% | — |
| 2020 | $16,493,692↓7% | $15,786,937↑16% | $8,845,491↑11% | — |
| 2019 | $17,813,158↑3% | $13,611,449↓20% | $7,986,545↑93% | — |
| 2018 | $17,228,647↑1% | $17,003,282↓3% | $4,146,652↑5% | — |
| 2017 | $17,017,778 | $17,532,773↑6% | $3,945,041↓4% | — |
| 2016 | $17,033,096↓5% | $16,606,890↓7% | $4,099,341↑6% | — |
| 2015 | $17,913,070↓14% | $17,886,841↓5% | $3,861,354↑9% | — |
| 2014 | $20,903,276↑18265% | $18,824,343↑16438% | $3,547,364↑909% | — |
| 2013 | $113,822 | $113,822 | $351,499 | — |
Frequently Asked Questions
What does Reformed Benefits Association do?▼
Reformed Benefits Association is a health care nonprofit organization based in Michigan. It is classified under NTEE code E11 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Reformed Benefits Association financially healthy?▼
Based on our 9-metric Financial Health Score model, Reformed Benefits Association has a score of 69/100 (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 Reformed Benefits Association generate?▼
Reformed Benefits Association reports $13.0M in annual revenue and holds $8.9M in total assets, based on IRS filings.
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