UScience & TechnologyEIN: 760845329· Ruling Year: 2008

Corewell Health - Michigan State University Alliance Corporation

Grand Rapids, Michigan

CHealth Score
44C

Financial Health Score

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

Below Average

💰
$2.6M
Total Revenue
📊
$2.4M
Total Expenses
🏦
$964K
Net Assets
📋
$25K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+30.0%
Year-over-year change (2022 → 2023)
Net Margin
+9.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.41
Net assets divided by total expenses
Liabilities-to-Assets
2.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,600,00030%$2,366,3353%$989,0208%
2022$2,000,000$2,440,949$1,074,97837%
2021$0$2,448,34215%$1,709,55520%
2020$0$2,885,9002%$2,133,605199%
2019$0$2,829,9926%$712,6288%
2018$0$2,681,55070%$660,69716%
2017$0$1,581,44210%$782,73518%
2016$0$1,749,27312%$958,07729%
2015$0$1,561,654$1,356,38661%
2014$0$1,568,84796%$841,73310%
2013$0$801,59811%$762,37037%
2012$0100%$719,06713%$1,207,86923%
2011$31,928$828,793$979,509

Frequently Asked Questions

What does Corewell Health - Michigan State University Alliance Corporation do?

Corewell Health - Michigan State University Alliance Corporation is a science & technology nonprofit organization based in Michigan. It is classified under NTEE code U11 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Corewell Health - Michigan State University Alliance Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Corewell Health - Michigan State University Alliance Corporation has a score of 44/100 (Grade: C). 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 Corewell Health - Michigan State University Alliance Corporation generate?

Corewell Health - Michigan State University Alliance Corporation reports $2.6M in annual revenue and holds $2.3M in total assets, based on IRS filings.

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