EHealth CareEIN: 380350304· Ruling Year: 2017

Munson Healthcare Manistee Hospital

Traverse City, Michigan

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 Org0.71×
Peer Median8.62×
💰
$58.6M
Total Revenue
📊
$61.3M
Total Expenses
🏦
$43.3M
Net Assets
📋
$7.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-18.9%
Year-over-year change (2022 → 2023)
Net Margin
-4.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.71
Net assets divided by total expenses
Liabilities-to-Assets
15.4%
Total liabilities as % of total assets

Filing History

7 filings on record
YearRevenueExpensesAssets
2023$58,621,06419%$61,273,65713%$51,198,01135%
2022$72,295,0461%$70,593,3925%$79,178,16610%
2021$72,814,7752%$67,362,1222%$88,209,3347%
2020$73,954,6665%$68,477,98711%$82,424,76215%
2019$77,622,6081%$76,944,0012%$71,614,41114%
2018$78,357,704291%$75,189,169315%$62,648,50414%
2017$20,062,487$18,097,756$55,183,998

Frequently Asked Questions

What does Munson Healthcare Manistee Hospital do?

Munson Healthcare Manistee Hospital is a health care nonprofit organization based in Michigan. It is classified under NTEE code E22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Munson Healthcare Manistee Hospital financially healthy?

Based on our 9-metric Financial Health Score model, Munson Healthcare Manistee Hospital 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 Munson Healthcare Manistee Hospital generate?

Munson Healthcare Manistee Hospital reports $58.8M in annual revenue and holds $37.4M in total assets, based on IRS filings.

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