EHealth CareEIN: 382008890· Ruling Year: 1982

The Wellness Plan

Detroit, Michigan

BHealth Score
60B

Financial Health Score

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

Above Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.65×
Peer Median8.62×
💰
$16.9M
Total Revenue
📊
$16.1M
Total Expenses
🏦
$10.5M
Net Assets
📋
$14.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-16.0%
Year-over-year change (2022 → 2023)
Net Margin
+4.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.65
Net assets divided by total expenses
Liabilities-to-Assets
58.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$16,858,40716%$16,132,76619%$25,186,63011%
2022$20,076,30610%$19,898,31414%$22,730,81411%
2021$22,308,64443%$17,502,13613%$20,565,67910%
2020$15,583,2847%$15,434,84710%$18,722,76411%
2019$16,726,5102%$17,187,0804%$16,901,7798%
2018$17,078,8351%$16,603,0632%$15,579,8576%
2017$16,979,2165%$16,305,5349%$14,660,31612%
2016$16,126,9656%$14,977,8493%$13,090,96111%
2015$15,150,23521%$14,595,14321%$11,742,2996%
2014$12,485,71221%$12,019,93426%$11,098,32312%
2013$10,305,4092%$16,178,38044%$9,892,04338%
2012$10,564,4364%$11,203,6345%$15,879,46921%
2011$11,026,423$10,633,249$20,206,586

Frequently Asked Questions

What does The Wellness Plan do?

The Wellness Plan is a health care nonprofit organization based in Michigan. It is classified under NTEE code E210 and is registered as a 501(c) tax-exempt organization with the IRS.

Is The Wellness Plan financially healthy?

Based on our 9-metric Financial Health Score model, The Wellness Plan has a score of 60/100 (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 The Wellness Plan generate?

The Wellness Plan reports $18.2M in annual revenue and holds $24.3M in total assets, based on IRS filings.

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