Y — Mutual & Membership BenefitEIN: 616613197· Ruling Year: 2021

Bmwed Health Fund

Novi, Michigan

A-Health Score
76A-

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 2 peers in Mutual & Membership Benefit with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.35×
Peer Median29.60×
💰
$5.5M
Total Revenue
📊
$3.5M
Total Expenses
🏦
$4.7M
Net Assets
📋
$322K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+47.2%
Year-over-year change (2022 → 2023)
Net Margin
+35.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.35
Net assets divided by total expenses
Liabilities-to-Assets
6.4%
Total liabilities as % of total assets

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$5,465,567↑47%$3,528,251↑2%$5,069,535↑62%
2022$3,711,892↓2%$3,452,133↑6%$3,128,211↑9%
2021$3,806,096↑1%$3,246,503↑2%$2,875,708↑24%
2020$3,784,849↓17%$3,172,829↑2%$2,317,244↑36%
2019$4,583,356$3,114,489$1,709,872

Frequently Asked Questions

What does Bmwed Health Fund do?▼

Bmwed Health Fund is a mutual & membership benefit nonprofit organization based in Michigan. It is classified under NTEE code Y43 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Bmwed Health Fund financially healthy?▼

Based on our 9-metric Financial Health Score model, Bmwed Health Fund has a score of 76/100 (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 Bmwed Health Fund generate?▼

Bmwed Health Fund reports $3.4M in annual revenue and holds $4.7M in total assets, based on IRS filings.

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