U โ€” Science & TechnologyEIN: 760845329ยท Ruling Year: 2008

Corewell Health - Michigan State University Alliance Corporation

Grand Rapids, Michigan

CHealth Score
44C

Financial Health Score

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

Below Average

๐Ÿ’ฐ
$2.6M
Total Revenue
๐Ÿ“Š
$2.4M
Total Expenses
๐Ÿฆ
$964K
Net Assets
๐Ÿ“‹
$25K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+30.0%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+9.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.41
Net assets divided by total expenses
Liabilities-to-Assets
2.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,600,000โ†‘30%$2,366,335โ†“3%$989,020โ†“8%
2022$2,000,000$2,440,949$1,074,978โ†“37%
2021$0$2,448,342โ†“15%$1,709,555โ†“20%
2020$0$2,885,900โ†‘2%$2,133,605โ†‘199%
2019$0$2,829,992โ†‘6%$712,628โ†‘8%
2018$0$2,681,550โ†‘70%$660,697โ†“16%
2017$0$1,581,442โ†“10%$782,735โ†“18%
2016$0$1,749,273โ†‘12%$958,077โ†“29%
2015$0$1,561,654$1,356,386โ†‘61%
2014$0$1,568,847โ†‘96%$841,733โ†‘10%
2013$0$801,598โ†‘11%$762,370โ†“37%
2012$0โ†“100%$719,067โ†“13%$1,207,869โ†‘23%
2011$31,928$828,793$979,509

Frequently Asked Questions

What does Corewell Health - Michigan State University Alliance Corporation do?โ–ผ

Corewell Health - Michigan State University Alliance Corporation is a science & technology nonprofit organization based in Michigan. It is classified under NTEE code U11 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Corewell Health - Michigan State University Alliance Corporation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Corewell Health - Michigan State University Alliance Corporation has a score of 44/100 (Grade: C). 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 Corewell Health - Michigan State University Alliance Corporation generate?โ–ผ

Corewell Health - Michigan State University Alliance Corporation reports $2.6M in annual revenue and holds $2.3M in total assets, based on IRS filings.

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Corewell Health - Michigan State University Alliance Corporation โ€” Grand Rapids, MI | GiveScope