EHealth CareEIN: 811807730

Riverbend Medical Group INC

Hartford, Connecticut

FHealth Score
24F

Financial Health Score

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

Critical

How This Organization Compares

Compared to 39 peers in Health Care with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-0.14×
Peer Median8.62×
💰
$75.0M
Total Revenue
📊
$94.6M
Total Expenses
🏦
-$13.2M
Net Assets
📋
$57.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-3.5%
Year-over-year change (2022 → 2023)
Net Margin
-26.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.14
Net assets divided by total expenses
Liabilities-to-Assets
129.7%
Total liabilities as % of total assets

Filing History

7 filings on record
YearRevenueExpensesAssets
2023$75,039,1753%$94,607,1612%$44,506,94981%
2022$77,757,4032%$96,083,52212%$24,586,37116%
2021$79,136,34819%$85,848,9542%$29,434,50711%
2020$66,323,31718%$83,829,05613%$33,011,94634%
2019$81,191,0065%$96,670,3374%$24,571,1219%
2018$77,683,16110%$92,591,63712%$22,534,9174%
2017$70,724,238$82,339,161$21,585,186

Frequently Asked Questions

What does Riverbend Medical Group INC do?

Riverbend Medical Group INC is a health care nonprofit organization based in Connecticut. It is classified under NTEE code E32 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Riverbend Medical Group INC financially healthy?

Based on our 9-metric Financial Health Score model, Riverbend Medical Group INC has a score of 24/100 (Grade: F). 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 Riverbend Medical Group INC generate?

Riverbend Medical Group INC reports $92.8M in annual revenue and holds $15.7M in total assets, based on IRS filings.

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