McLaren Northern Michigan
Petoskey, Michigan
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 1225 peers in Health Care with $100M-$1B revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $271,607,269↓4% | $248,825,832↓1% | $384,770,690↓7% | |
| 2022 | $282,510,136↓4% | $251,881,268↑4% | $411,971,616↓8% | — |
| 2021 | $293,510,910↑2% | $241,583,371↓5% | $447,275,098↓2% | — |
| 2020 | $287,621,661 | $254,532,300↓4% | $455,983,689↑31% | — |
| 2019 | $288,546,915 | $266,321,492↑3% | $347,588,593↑74% | — |
| 2018 | $288,233,822↑2% | $258,644,495↑4% | $199,245,986↑4% | — |
| 2017 | $281,588,495↑3% | $249,141,760↑4% | $191,108,545↑13% | — |
| 2016 | $272,215,537↑12% | $240,218,675↑9% | $169,861,334↑4% | — |
| 2015 | $242,096,016↑5% | $220,370,693↑5% | $162,713,966↓26% | — |
| 2014 | $230,586,797↑2% | $209,022,898↓1% | $218,946,993↑4% | — |
| 2013 | $226,966,980↑41% | $211,825,646↑38% | $210,127,830↑38% | — |
| 2012 | $160,629,986 | $153,001,697 | $152,083,306 | — |
Frequently Asked Questions
What does McLaren Northern Michigan do?▼
McLaren Northern Michigan is a health care nonprofit organization based in Michigan. It is classified under NTEE code E220 and is registered as a 501(c) tax-exempt organization with the IRS.
Is McLaren Northern Michigan financially healthy?▼
Based on our 9-metric Financial Health Score model, McLaren Northern Michigan 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 McLaren Northern Michigan generate?▼
McLaren Northern Michigan reports $298.4M in annual revenue and holds $363.4M in total assets, based on IRS filings.
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