Michigan Society For Health Care Engineering
EIN: 382562982 · Grand Rapids, MI · NTEE: Z99
| Metric | Value |
|---|---|
| Total Revenue | $314K |
| Total Expenses | $170K |
| Net Assets | $198K |
Is Michigan Society For Health Care Engineering Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Michigan Society For Health Care Engineering
Michigan Society For Health Care Engineering (EIN: 382562982) is a nonprofit organization based in Grand Rapids, MI, classified under NTEE code Z99. The organization reported total revenue of $314K and total assets of $234K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Michigan Society For Health Care Engineering's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Michigan Society For Health Care Engineering is a small nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $229K |
| Total Expenses | $170K |
| Surplus / Deficit | +$58K |
| Total Assets | $198K |
| Net Assets | $198K |
| Operating Margin | 25.5% |
| Months of Reserves | 14.0 months |
Financial Health Grade: A
In 2023, Michigan Society For Health Care Engineering reported a surplus of $58K with revenue exceeding expenses, holds 14.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Michigan Society For Health Care Engineering's revenue has grown at a compound annual growth rate (CAGR) of 7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +47.8% | +21.4% | +41.7% |
| 2022 | -3.5% | +6.3% | +11.5% |
| 2021 | +660.5% | +289.1% | +29.2% |
| 2020 | -87.9% | -77.0% | -11.7% |
| 2019 | +21.7% | -29.2% | +32.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Michigan Society For Health Care Engineering 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 Society For Health Care Engineering 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 $58K, with revenue exceeding expenses.
Frequently Asked Questions about Michigan Society For Health Care Engineering
Is Michigan Society For Health Care Engineering a legitimate charity?
Michigan Society For Health Care Engineering (EIN: 382562982) is a registered tax-exempt nonprofit based in Michigan. It has 13 years of IRS 990 filings on record. Total revenue: $314K. No red flags identified. Financial health grade: A.
How does Michigan Society For Health Care Engineering spend its money?
Michigan Society For Health Care Engineering reported $314K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Michigan Society For Health Care Engineering tax-deductible?
Michigan Society For Health Care Engineering is registered as a tax-exempt nonprofit (EIN: 382562982). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Michigan Society For Health Care Engineering located?
Michigan Society For Health Care Engineering is headquartered in Grand Rapids, Michigan and files with the IRS under EIN 382562982. It is classified under NTEE code Z99.
How many years of IRS 990 filings does Michigan Society For Health Care Engineering have?
Michigan Society For Health Care Engineering has 13 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 $314K in total revenue.
Filing History
IRS 990 filing history for Michigan Society For Health Care Engineering showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Michigan Society For Health Care Engineering's revenue has grown by 134%, moving from $98K to $229K. Total assets increased by 51.3% over the same period, from $131K to $198K. Total functional expenses rose by 47.3%, from $116K to $170K. In its most recent filing year (2023), Michigan Society For Health Care Engineering reported a surplus of $58K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $229K | $170K | $198K | $0 | — | View 990 |
| 2022 | $155K | $140K | $140K | $0 | — | View 990 |
| 2021 | $160K | $132K | $126K | $0 | — | View 990 |
| 2020 | $21K | $34K | $97K | $0 | — | View 990 |
| 2019 | $174K | $147K | $110K | $0 | — | View 990 |
| 2018 | $143K | $208K | $83K | $0 | — | View 990 |
| 2017 | $144K | $142K | $148K | $0 | — | View 990 |
| 2016 | $105K | $115K | $145K | $0 | — | View 990 |
| 2015 | $98K | $96K | $156K | $0 | — | View 990 |
| 2014 | $85K | $82K | $153K | $0 | — | View 990 |
| 2013 | $90K | $78K | $151K | $0 | — | View 990 |
| 2012 | $96K | $89K | $138K | $0 | — | View 990 |
| 2011 | $98K | $116K | $131K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $229K, expenses of $170K, and assets of $198K (revenue +47.8% year-over-year).
- 2022: Revenue of $155K, expenses of $140K, and assets of $140K (revenue -3.5% year-over-year).
- 2021: Revenue of $160K, expenses of $132K, and assets of $126K (revenue +660.5% year-over-year).
- 2020: Revenue of $21K, expenses of $34K, and assets of $97K (revenue -87.9% year-over-year).
- 2019: Revenue of $174K, expenses of $147K, and assets of $110K (revenue +21.7% year-over-year).
- 2018: Revenue of $143K, expenses of $208K, and assets of $83K (revenue -0.8% year-over-year).
- 2017: Revenue of $144K, expenses of $142K, and assets of $148K (revenue +37.6% year-over-year).
- 2016: Revenue of $105K, expenses of $115K, and assets of $145K (revenue +6.6% year-over-year).
- 2015: Revenue of $98K, expenses of $96K, and assets of $156K (revenue +16.0% year-over-year).
- 2014: Revenue of $85K, expenses of $82K, and assets of $153K (revenue -5.8% year-over-year).
- 2013: Revenue of $90K, expenses of $78K, and assets of $151K (revenue -6.6% year-over-year).
- 2012: Revenue of $96K, expenses of $89K, and assets of $138K (revenue -1.4% year-over-year).
- 2011: Revenue of $98K, expenses of $116K, and assets of $131K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Michigan Society For Health Care Engineering:
Data Sources and Methodology
This transparency report for Michigan Society For Health Care Engineering 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.