Michigan Home Health Association
Okemos, Michigan
B-Health Score
54B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$554K
Total Revenue
📊
$536K
Total Expenses
🏦
$375K
Net Assets
📋
$170K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+14.1%
Year-over-year change (2022 → 2023)
Net Margin
+3.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.70
Net assets divided by total expenses
Liabilities-to-Assets
31.2%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $554,108↑14% | $535,964↑9% | $544,672↑4% | |
| 2022 | $485,705↑12% | $491,201↑11% | $526,173↑1% | — |
| 2021 | $432,132↑3% | $443,068↓16% | $519,914↑17% | — |
| 2020 | $417,533↓30% | $526,151↓18% | $445,091↓24% | — |
| 2019 | $599,652↑6% | $639,022↓7% | $588,120↓15% | — |
| 2018 | $564,447↑19% | $684,010↑28% | $695,675↓9% | — |
| 2017 | $476,266↑2% | $532,435↑1% | $764,491↓24% | — |
| 2016 | $465,250↑17% | $527,553↑6% | $1,002,513↑10% | — |
| 2015 | $397,645↓31% | $496,372↓21% | $909,976↓10% | — |
| 2014 | $576,226↓18% | $625,246↓17% | $1,014,238↓5% | — |
| 2013 | $705,803↓6% | $756,066↑7% | $1,069,245↓2% | — |
| 2012 | $754,738↓8% | $709,224↓7% | $1,089,919↑19% | — |
| 2011 | $822,015 | $765,121 | $917,905 | — |
Frequently Asked Questions
What does Michigan Home Health Association do?▼
Michigan Home Health Association is a unclassified nonprofit organization based in Michigan. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Michigan Home Health Association financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Michigan Home Health Association.
How much revenue does Michigan Home Health Association generate?▼
Michigan Home Health Association reports $517K in annual revenue and holds $686K in total assets, based on IRS filings.
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