ZUnclassifiedEIN: 581728803

Novant Health Medical Group LLC

Winston Salem, North Carolina

DHealth Score
30D

Financial Health Score

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

Poor

How This Organization Compares

Compared to 664 peers in Unclassified with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-1.08×
Peer Median0.87×
💰
$1.1B
Total Revenue
📊
$1.3B
Total Expenses
🏦
-$1.4B
Net Assets
📋
$1.8B
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-3.2%
Year-over-year change (2021 → 2022)
Net Margin
-13.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
-1.08
Net assets divided by total expenses
Liabilities-to-Assets
439.7%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2022$1,139,120,7403%$1,293,659,2551%$411,516,5832%
2021$1,176,984,21111%$1,280,252,8745%$420,634,6877%
2020$1,058,126,5114%$1,213,724,7914%$451,967,36522%
2019$1,015,953,4779%$1,164,066,76313%$369,100,731121%
2018$928,163,6829%$1,034,672,70811%$166,711,54912%
2017$852,835,90911%$928,946,06211%$149,221,36924%
2016$765,161,5658%$836,698,4768%$120,326,03913%
2015$708,997,88711%$772,472,95513%$106,690,8919%
2014$641,606,8158%$680,857,8388%$98,008,0133%
2013$591,983,1579%$633,142,8297%$101,024,26328%
2012$540,768,0012%$593,140,4124%$78,785,21117%
2011$551,497,428$617,301,483$95,079,926

Frequently Asked Questions

What does Novant Health Medical Group LLC do?

Novant Health Medical Group LLC is a unclassified nonprofit organization based in North Carolina. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Novant Health Medical Group LLC financially healthy?

Based on our 9-metric Financial Health Score model, Novant Health Medical Group LLC has a score of 30/100 (Grade: D). 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 Novant Health Medical Group LLC generate?

Novant Health Medical Group LLC reports $105.5M in annual revenue and holds $0 in total assets, based on IRS filings.

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