Michigan Health Information Technology Network Shared Service
EIN: 273871301 · Lansing, MI · NTEE: E800
| Metric | Value |
|---|---|
| Total Revenue | $47.4M |
| Total Expenses | $46.9M |
| Net Assets | $-841,573 |
Is Michigan Health Information Technology Network Shared Service Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Michigan Health Information Technology Network Shared Service
Michigan Health Information Technology Network Shared Service (EIN: 273871301) is a nonprofit organization based in Lansing, MI, classified under NTEE code E800. The organization reported total revenue of $47.4M and total assets of $17.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Michigan Health Information Technology Network Shared Service's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Michigan Health Information Technology Network Shared Service is a large nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 24.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $47.4M |
| Total Expenses | $46.9M |
| Surplus / Deficit | +$556K |
| Total Assets | $15.8M |
| Total Liabilities | $16.7M |
| Net Assets | $-841,573 |
| Operating Margin | 1.2% |
| Debt-to-Asset Ratio | 105.3% |
| Months of Reserves | 4.1 months |
Financial Health Grade: A
In 2023, Michigan Health Information Technology Network Shared Service reported a surplus of $556K with revenue exceeding expenses, holds 4.1 months of operating reserves (adequate), has a debt-to-asset ratio of 105.3% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Michigan Health Information Technology Network Shared Service's revenue has grown at a compound annual growth rate (CAGR) of 24.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.8% | -7.3% | -9.7% |
| 2022 | +5.9% | +11.7% | +3.1% |
| 2021 | +54.4% | +48.7% | +46.0% |
| 2020 | +29.9% | +51.6% | +24.8% |
| 2019 | +16.9% | +16.3% | +2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Michigan Health Information Technology Network Shared Service has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Michigan Health Information Technology Network Shared Service with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $556K, with revenue exceeding expenses.
- Debt-to-asset ratio: 105.3%.
Frequently Asked Questions about Michigan Health Information Technology Network Shared Service
Is Michigan Health Information Technology Network Shared Service a legitimate charity?
Based on AI analysis of IRS 990 filings, Michigan Health Information Technology Network Shared Service (EIN: 273871301) insufficient data. 0 red flags identified, 0 strengths noted.
How does Michigan Health Information Technology Network Shared Service spend its money?
Detailed spending breakdown data is not yet available for Michigan Health Information Technology Network Shared Service. Check back for updated IRS 990 analysis.
Are donations to Michigan Health Information Technology Network Shared Service tax-deductible?
Michigan Health Information Technology Network Shared Service is registered as a tax-exempt nonprofit (EIN: 273871301). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Michigan Health Information Technology Network Shared Service located?
Michigan Health Information Technology Network Shared Service is headquartered in Lansing, Michigan and files with the IRS under EIN 273871301. It is classified under NTEE code E800.
How many years of IRS 990 filings does Michigan Health Information Technology Network Shared Service have?
Michigan Health Information Technology Network Shared Service has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $47.4M in total revenue.
Filing History
IRS 990 filing history for Michigan Health Information Technology Network Shared Service showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Michigan Health Information Technology Network Shared Service's revenue has grown by 1011%, moving from $4.3M to $47.4M. Total assets increased by 1111.6% over the same period, from $1.3M to $15.8M. Total functional expenses rose by 1002.2%, from $4.3M to $46.9M. In its most recent filing year (2023), Michigan Health Information Technology Network Shared Service reported a surplus of $556K, with revenue exceeding expenses. The organization holds $16.7M in liabilities against $15.8M in assets (debt-to-asset ratio: 105.3%), resulting in net assets of $-841,573.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $47.4M | $46.9M | $15.8M | $16.7M | — | — |
| 2022 | $44.4M | $50.6M | $17.5M | $18.9M | — | — |
| 2021 | $41.9M | $45.3M | $17.0M | $12.2M | — | View 990 |
| 2020 | $27.2M | $30.5M | $11.6M | $6.1M | — | — |
| 2019 | $20.9M | $20.1M | $9.3M | $1.5M | — | View 990 |
| 2018 | $17.9M | $17.3M | $9.1M | $2.1M | — | View 990 |
| 2017 | $14.9M | $13.5M | $8.7M | $2.3M | — | View 990 |
| 2016 | $12.5M | $11.8M | $6.5M | $1.5M | — | View 990 |
| 2015 | $9.5M | $8.2M | $5.7M | $1.4M | — | View 990 |
| 2014 | $9.2M | $7.1M | $5.6M | $2.5M | — | View 990 |
| 2013 | $8.2M | $7.2M | $3.5M | $2.5M | — | View 990 |
| 2012 | $4.3M | $4.3M | $1.3M | $1.3M | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $47.4M, expenses of $46.9M, and assets of $15.8M (revenue +6.8% year-over-year).
- 2022: Revenue of $44.4M, expenses of $50.6M, and assets of $17.5M (revenue +5.9% year-over-year).
- 2021: Revenue of $41.9M, expenses of $45.3M, and assets of $17.0M (revenue +54.4% year-over-year).
- 2020: Revenue of $27.2M, expenses of $30.5M, and assets of $11.6M (revenue +29.9% year-over-year).
- 2019: Revenue of $20.9M, expenses of $20.1M, and assets of $9.3M (revenue +16.9% year-over-year).
- 2018: Revenue of $17.9M, expenses of $17.3M, and assets of $9.1M (revenue +20.4% year-over-year).
- 2017: Revenue of $14.9M, expenses of $13.5M, and assets of $8.7M (revenue +18.9% year-over-year).
- 2016: Revenue of $12.5M, expenses of $11.8M, and assets of $6.5M (revenue +32.0% year-over-year).
- 2015: Revenue of $9.5M, expenses of $8.2M, and assets of $5.7M (revenue +2.4% year-over-year).
- 2014: Revenue of $9.2M, expenses of $7.1M, and assets of $5.6M (revenue +12.7% year-over-year).
- 2013: Revenue of $8.2M, expenses of $7.2M, and assets of $3.5M (revenue +92.2% year-over-year).
- 2012: Revenue of $4.3M, expenses of $4.3M, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Michigan Health Information Technology Network Shared Service:
Data Sources and Methodology
This transparency report for Michigan Health Information Technology Network Shared Service is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.