U โ€” Science & TechnologyEIN: 760845329ยท Ruling Year: 2008

Spectrum Health Msu 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

๐Ÿ’ฐ
$2.6M
Total Revenue
๐Ÿ“Š
$2.4M
Total Expenses
๐Ÿฆ
$964K
Net Assets
๐Ÿ“‹
$25K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+30.0%
Year-over-year change (2022 โ†’ 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$2,600,000โ†‘30%$2,366,335โ†“3%$989,020โ†“8%
2022$2,000,000$2,440,949$1,074,978โ†“37%
2021$0$2,448,342โ†“15%$1,709,555โ†“20%
2020$0$2,885,900โ†‘2%$2,133,605โ†‘199%
2019$0$2,829,992โ†‘6%$712,628โ†‘8%
2018$0$2,681,550โ†‘70%$660,697โ†“16%
2017$0$1,581,442โ†“10%$782,735โ†“18%
2016$0$1,749,273โ†‘12%$958,077โ†“29%
2015$0$1,561,654$1,356,386โ†‘61%
2014$0$1,568,847โ†‘96%$841,733โ†‘10%
2013$0$801,598โ†‘11%$762,370โ†“37%
2012$0โ†“100%$719,067โ†“13%$1,207,869โ†‘23%
2011$31,928$828,793$979,509

Frequently Asked Questions

What does Spectrum Health Msu Alliance Corporation do?โ–ผ

Spectrum Health Msu 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 Spectrum Health Msu Alliance Corporation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Spectrum Health Msu 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 Spectrum Health Msu Alliance Corporation generate?โ–ผ

Spectrum Health Msu Alliance Corporation reports $3.0M in annual revenue and holds $1.8M in total assets, based on IRS filings.

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Spectrum Health Msu Alliance Corporation โ€” Grand Rapids, MI | GiveScope