Optimal Medical Foundation Inc
Sault S Marie, Michigan
BHealth Score
57B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
๐ฐ
$125K
Total Revenue
๐
$96K
Total Expenses
๐ฆ
$34K
Net Assets
๐
N/A
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+21.2%
Year-over-year change (2022 โ 2023)
Net Margin
+23.0%
Revenue minus expenses as % of revenue
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $124,909โ21% | $96,225โ22% | $33,868โ553% | โ |
| 2022 | $103,061โ96% | $123,358โ95% | $5,184โ80% | โ |
| 2021 | $2,747,595โ101% | $2,713,779โ99% | $26,505โ784% | โ |
| 2020 | $1,365,819 | $1,363,300โ1% | $3,000โ524% | โ |
| 2019 | $1,371,719โ2225% | $1,374,365โ2175% | $481โ84% | โ |
| 2018 | $59,000โ33% | $60,400โ27% | $2,953โ32% | โ |
| 2017 | $44,222โ74% | $47,552โ73% | $4,353โ6231% | โ |
| 2016 | $167,002โ8% | $178,585โ13% | -$71โ101% | โ |
| 2015 | $154,861โ90% | $158,123โ90% | $7,505โ53% | โ |
| 2014 | $1,591,756โ16% | $1,582,173โ18% | $15,980โ150% | โ |
| 2013 | $1,898,423โ28% | $1,923,235โ31% | $6,397โ92% | โ |
| 2012 | $1,477,545โ41% | $1,464,030โ42% | $76,737โ1% | โ |
| 2011 | $2,512,369โ55% | $2,517,494โ47% | $77,299โ30% | โ |
| 2010 | $5,528,536 | $4,791,095 | $110,472 | โ |
Frequently Asked Questions
What does Optimal Medical Foundation Inc do?โผ
Optimal Medical Foundation Inc is a medical research nonprofit organization based in Michigan. It is classified under NTEE code H81 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Optimal Medical Foundation Inc financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Optimal Medical Foundation Inc.
How much revenue does Optimal Medical Foundation Inc generate?โผ
Optimal Medical Foundation Inc reports $108K in annual revenue and holds $17K in total assets, based on IRS filings.
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