The Memorial Health Care Foundation
Owosso, Michigan
A-Health Score
81A-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Very Good
💰
$1.2M
Total Revenue
📊
$640K
Total Expenses
🏦
$9.7M
Net Assets
📋
$383K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-2.0%
Year-over-year change (2022 → 2023)
Net Margin
+47.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
15.14
Net assets divided by total expenses
Liabilities-to-Assets
3.8%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,215,417↓2% | $639,968↓7% | $10,072,223↑7% | — |
| 2022 | $1,240,317↑9% | $690,801↓2% | $9,417,224↓11% | — |
| 2021 | $1,140,888↑27% | $704,999↑132% | $10,603,639↑8% | — |
| 2020 | $895,703↑2% | $304,147↓35% | $9,850,766↑9% | — |
| 2019 | $880,668↓17% | $464,865↑30% | $9,062,305↑19% | — |
| 2018 | $1,060,685↑117% | $358,890↓55% | $7,603,761↑5% | — |
| 2017 | $488,753↓68% | $791,083↓53% | $7,251,018↑8% | — |
| 2016 | $1,551,177↑34% | $1,683,470↑135% | $6,726,324↑3% | — |
| 2015 | $1,160,191↑69% | $717,705↑17% | $6,505,176↓3% | — |
| 2014 | $685,228↓38% | $614,087↓67% | $6,691,718↑7% | — |
| 2013 | $1,098,005↑54% | $1,889,268↑153% | $6,244,244↓8% | — |
| 2012 | $715,305↓1% | $745,429↓23% | $6,787,662↑8% | — |
| 2011 | $719,284 | $966,939 | $6,284,649 | — |
Frequently Asked Questions
What does The Memorial Health Care Foundation do?▼
The Memorial Health Care Foundation is a education nonprofit organization based in Michigan. It is classified under NTEE code B82Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is The Memorial Health Care Foundation financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for The Memorial Health Care Foundation.
How much revenue does The Memorial Health Care Foundation generate?▼
The Memorial Health Care Foundation reports $864K in annual revenue and holds $10.4M in total assets, based on IRS filings.