EHealth CareEIN: 472736029· Ruling Year: 2016

Health First Health Plans Inc

Rockledge, Florida

BHealth Score
55B

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 Org0.28×
Peer Median0.50×
💰
$474.1M
Total Revenue
📊
$463.2M
Total Expenses
🏦
$131.1M
Net Assets
📋
$138.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+8.6%
Year-over-year change (2022 → 2023)
Net Margin
+2.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.28
Net assets divided by total expenses
Liabilities-to-Assets
51.4%
Total liabilities as % of total assets

Filing History

8 filings on record
YearRevenueExpensesAssets
2023$474,117,6739%$463,244,0496%$269,740,16412%
2022$436,699,2233%$437,275,7211%$241,150,58937%
2021$451,804,1983%$439,838,3744%$176,410,0665%
2020$467,467,7566%$458,805,8609%$185,369,2556%
2019$443,031,05012%$422,499,79513%$174,603,60514%
2018$394,645,047$375,544,9871%$152,679,0096%
2017$396,093,97718%$379,737,23421%$162,859,7939%
2016$334,733,280$314,887,291$149,757,167

Frequently Asked Questions

What does Health First Health Plans Inc do?

Health First Health Plans Inc is a health care nonprofit organization based in Florida. It is classified under NTEE code E21 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Health First Health Plans Inc financially healthy?

Based on our 9-metric Financial Health Score model, Health First Health Plans Inc has a score of 55/100 (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 Health First Health Plans Inc generate?

Health First Health Plans Inc reports $125.2M in annual revenue and holds $193.8M in total assets, based on IRS filings.

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