E — Health CareEIN: 382146751

McLaren Northern Michigan

Petoskey, 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 1225 peers in Health Care with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.71×
Peer Median0.50×
💰
$271.6M
Total Revenue
📊
$248.8M
Total Expenses
🏦
$177.7M
Net Assets
📋
$207.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-3.9%
Year-over-year change (2022 → 2023)
Net Margin
+8.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.71
Net assets divided by total expenses
Liabilities-to-Assets
53.8%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
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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