EHealth CareEIN: 383443089· Ruling Year: 2020

Umrc Foundation Inc

Chelsea, Michigan

A-Health Score
82A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 39 peers in Health Care with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org13.63×
Peer Median8.62×
💰
$9.6M
Total Revenue
📊
$4.3M
Total Expenses
🏦
$59.0M
Net Assets
📋
$414K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-46.5%
Year-over-year change (2022 → 2023)
Net Margin
+54.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
13.63
Net assets divided by total expenses
Liabilities-to-Assets
0.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$9,597,03246%$4,332,61710%$59,446,85111%
2022$17,931,455154%$4,801,75113%$53,564,15712%
2021$7,062,844221%$4,238,66396%$60,873,28478%
2020$2,198,42734%$2,166,87517%$34,238,50712%
2019$3,349,19863%$2,605,21880%$38,746,61810%
2018$9,064,35637%$12,816,208110%$35,087,28022%
2017$6,622,68053%$6,114,071175%$45,029,42710%
2016$14,080,137161%$2,224,75342%$41,112,70048%
2015$5,390,85625%$3,846,09251%$27,828,8107%
2014$7,234,340151%$2,554,18486%$29,764,334
2013$2,882,34412%$1,376,16323%$29,632,93817%
2012$2,573,6665%$1,785,89915%$25,402,12317%
2011$2,719,304$1,559,387$21,790,491

Frequently Asked Questions

What does Umrc Foundation Inc do?

Umrc Foundation Inc is a health care nonprofit organization based in Michigan. It is classified under NTEE code E12 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Umrc Foundation Inc financially healthy?

Based on our 9-metric Financial Health Score model, Umrc Foundation Inc has a score of 82/100 (Grade: A-). 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 Umrc Foundation Inc generate?

Umrc Foundation Inc reports $13.1M in annual revenue and holds $71.3M in total assets, based on IRS filings.

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