YMutual & Membership BenefitEIN: 616613197· Ruling Year: 2021

Bmwed Health Fund

Novi, Michigan

A-Health Score
76A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 2 peers in Mutual & Membership Benefit with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.35×
Peer Median29.60×
💰
$5.5M
Total Revenue
📊
$3.5M
Total Expenses
🏦
$4.7M
Net Assets
📋
$322K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+47.2%
Year-over-year change (2022 → 2023)
Net Margin
+35.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.35
Net assets divided by total expenses
Liabilities-to-Assets
6.4%
Total liabilities as % of total assets

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$5,465,56747%$3,528,2512%$5,069,53562%
2022$3,711,8922%$3,452,1336%$3,128,2119%
2021$3,806,0961%$3,246,5032%$2,875,70824%
2020$3,784,84917%$3,172,8292%$2,317,24436%
2019$4,583,356$3,114,489$1,709,872

Frequently Asked Questions

What does Bmwed Health Fund do?

Bmwed Health Fund is a mutual & membership benefit nonprofit organization based in Michigan. It is classified under NTEE code Y43 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Bmwed Health Fund financially healthy?

Based on our 9-metric Financial Health Score model, Bmwed Health Fund has a score of 76/100 (Grade: A-). 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 Bmwed Health Fund generate?

Bmwed Health Fund reports $3.4M in annual revenue and holds $4.7M in total assets, based on IRS filings.

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Bmwed Health Fund — Novi, MI | GiveScope