E — Health CareEIN: 382594856

Physicians Health Network

East Lansing, Michigan

DHealth Score
30D

Financial Health Score

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

Poor

How This Organization Compares

Compared to 1225 peers in Health Care with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-0.09×
Peer Median0.50×
💰
$138.9M
Total Revenue
📊
$147.3M
Total Expenses
🏦
-$13.1M
Net Assets
📋
$14.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+0.3%
Year-over-year change (2022 → 2023)
Net Margin
-6.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.09
Net assets divided by total expenses
Liabilities-to-Assets
817.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$138,870,374$147,270,260↑4%$1,819,772↑13%
2022$138,450,632↑4%$142,199,045↑2%$1,616,339↓11%
2021$132,857,107↓6%$139,801,157↑5%$1,822,839↑5%
2020$141,224,179↓10%$133,053,350↓11%$1,732,129↑7%
2019$157,070,877↓10%$148,871,392↓11%$1,612,088↓91%
2018$175,053,991↑10%$167,764,304↑7%$17,121,213↑46%
2017$159,798,491↓1%$157,516,513$11,723,547↑32%
2016$161,192,522↓22%$157,719,077↓23%$8,892,898↑25%
2015$207,102,330↑10%$205,258,536↑11%$7,135,162↑89%
2014$187,871,923↑2%$185,130,805↓5%$3,770,658↑75%
2013$184,623,142$194,560,646↑7%$2,149,151↓82%
2012$184,874,124↑3%$181,853,533↑4%$11,737,405↑43%
2011$179,909,103$174,174,284$8,221,789

Frequently Asked Questions

What does Physicians Health Network do?▼

Physicians Health Network is a health care nonprofit organization based in Michigan. It is classified under NTEE code E300 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Physicians Health Network financially healthy?▼

Based on our 9-metric Financial Health Score model, Physicians Health Network has a score of 30/100 (Grade: D). 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 Physicians Health Network generate?▼

Physicians Health Network reports $121.3M in annual revenue and holds $2.0M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Health Care category, or browse all nonprofits in Michigan.