Northwest Michigan Health Services Inc
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 | $11,182,590↑11% | $9,704,254 | $8,918,294↑30% | — |
| 2022 | $10,103,872↓15% | $9,699,788↓2% | $6,841,056↓4% | — |
| 2021 | $11,849,752↑51% | $9,854,621↑26% | $7,103,929↑63% | — |
| 2020 | $7,829,289↑8% | $7,849,419↑12% | $4,362,016↑3% | — |
| 2019 | $7,241,732↓7% | $6,990,731↑12% | $4,221,024↑15% | — |
| 2018 | $7,825,422↑53% | $6,250,160↑17% | $3,672,220↑132% | — |
| 2017 | $5,102,860↑29% | $5,359,450↑40% | $1,581,429↓14% | — |
| 2016 | $3,947,597↑41% | $3,817,059↑38% | $1,837,009↑10% | — |
| 2015 | $2,805,102↑19% | $2,765,851↑22% | $1,673,048↑12% | — |
| 2014 | $2,360,578↑21% | $2,262,501↑19% | $1,490,104↑13% | — |
| 2013 | $1,957,990↓23% | $1,902,917↓18% | $1,315,365↓18% | — |
| 2012 | $2,551,116↑28% | $2,310,729↑12% | $1,604,704↑24% | — |
| 2011 | $1,995,137 | $2,055,879 | $1,296,548 | — |
Frequently Asked Questions
What does Northwest Michigan Health Services Inc do?▼
Northwest Michigan Health Services Inc is a health care nonprofit organization based in Michigan. It is classified under NTEE code E39Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Northwest Michigan Health Services Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Northwest Michigan Health Services Inc has a score of 74/100 (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 Northwest Michigan Health Services Inc generate?▼
Northwest Michigan Health Services Inc reports $9.3M in annual revenue and holds $7.0M in total assets, based on IRS filings.
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