Traverse Health Clinic & Coalition
Traverse City, Michigan
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 2 peers in Health Care with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $6,681,261↓3% | $7,024,015↑8% | $6,986,334↑30% | |
| 2022 | $6,895,196↓4% | $6,484,749↑2% | $5,367,344↑8% | — |
| 2021 | $7,157,299↑29% | $6,355,428↑17% | $4,972,741↑5% | — |
| 2020 | $5,559,084 | $5,434,948↑9% | $4,715,463↑17% | — |
| 2019 | $5,535,369↑25% | $4,994,157↑15% | $4,032,025↑20% | — |
| 2018 | $4,430,219↑7% | $4,350,172↑13% | $3,360,005↑4% | — |
| 2017 | $4,137,706↓13% | $3,847,787↑9% | $3,237,618↑6% | — |
| 2016 | $4,728,888↑9% | $3,541,989↓14% | $3,048,120↑83% | — |
| 2015 | $4,352,553↓28% | $4,113,727↓27% | $1,664,337↑16% | — |
| 2014 | $6,086,422↓5% | $5,651,691↓14% | $1,437,800↑26% | — |
| 2013 | $6,407,163↑2% | $6,574,470↑4% | $1,140,037↓6% | — |
| 2012 | $6,305,354↑66% | $6,316,471↑58% | $1,209,910↓4% | — |
| 2011 | $3,793,420 | $3,987,248 | $1,258,511 | — |
Frequently Asked Questions
What does Traverse Health Clinic & Coalition do?▼
Traverse Health Clinic & Coalition is a health care nonprofit organization based in Michigan. It is classified under NTEE code E20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Traverse Health Clinic & Coalition financially healthy?▼
Based on our 9-metric Financial Health Score model, Traverse Health Clinic & Coalition has a score of 71/100 (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 Traverse Health Clinic & Coalition generate?▼
Traverse Health Clinic & Coalition reports $6.0M in annual revenue and holds $6.0M in total assets, based on IRS filings.
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