EHealth CareEIN: 042104851· Ruling Year: 1946

Mi Nursing-restorative Center Inc

Lawrence, Massachusetts

B+Health Score
66B+

Financial Health Score

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

Good

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org2.37×
Peer Median8.62×
💰
$19.2M
Total Revenue
📊
$20.9M
Total Expenses
🏦
$49.4M
Net Assets
📋
$2.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+17.7%
Year-over-year change (2022 → 2023)
Net Margin
-8.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.37
Net assets divided by total expenses
Liabilities-to-Assets
5.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$19,216,83518%$20,889,0197%$52,157,25412%
2022$16,330,71329%$19,531,11812%$46,736,3104%
2021$23,001,57819%$17,367,5225%$44,764,9004%
2020$19,282,79914%$18,229,71310%$43,072,9942%
2019$22,495,41710%$20,149,3302%$42,057,56012%
2018$20,526,9261%$19,667,590$37,643,0393%
2017$20,339,4352%$19,691,9035%$38,753,3389%
2016$19,866,2021%$18,769,1522%$35,482,6577%
2015$19,696,61518%$18,316,7091%$33,304,5104%
2014$24,022,97823%$18,557,065$32,170,21619%
2013$19,490,2203%$18,607,4942%$27,070,6887%
2012$20,139,0924%$19,039,045$25,281,3748%
2011$20,920,434$19,091,145$23,332,865

Frequently Asked Questions

What does Mi Nursing-restorative Center Inc do?

Mi Nursing-restorative Center Inc is a health care nonprofit organization based in Massachusetts. It is classified under NTEE code E910 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Mi Nursing-restorative Center Inc financially healthy?

Based on our 9-metric Financial Health Score model, Mi Nursing-restorative Center Inc has a score of 66/100 (Grade: B+). 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 Mi Nursing-restorative Center Inc generate?

Mi Nursing-restorative Center Inc reports $21.5M in annual revenue and holds $54.1M in total assets, based on IRS filings.

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