EHealth CareEIN: 861398387· Ruling Year: 2021

Velatura Hie Corporation

East Lansing, Michigan

CHealth Score
39C

Financial Health Score

Provisional

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

Below Average

How This Organization Compares

Compared to 2 peers in Health Care with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.26×
Peer Median29.34×
💰
$4.9M
Total Revenue
📊
$4.7M
Total Expenses
🏦
$1.2M
Net Assets
📋
$1.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+109.1%
Year-over-year change (2022 → 2023)
Net Margin
+3.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.26
Net assets divided by total expenses
Liabilities-to-Assets
53.1%
Total liabilities as % of total assets

Filing History

2 filings on record
YearRevenueExpensesAssets
2023$4,856,562109%$4,666,14062%$2,584,35823%
2022$2,322,855$2,878,730$2,108,747

Frequently Asked Questions

What does Velatura Hie Corporation do?

Velatura Hie Corporation is a health care nonprofit organization based in Michigan. It is classified under NTEE code E02 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Velatura Hie Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Velatura Hie Corporation has a score of 39/100 (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 Velatura Hie Corporation generate?

Velatura Hie Corporation reports $6.5M in annual revenue and holds $2.4M in total assets, based on IRS filings.

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Velatura Hie Corporation — East Lansing, MI | GiveScope