Superior Health Foundation
Superior Health Foundation maintains strong asset growth and low liabilities with zero reported officer compensation.
EIN: 203615349 · Marquette, MI · NTEE: E11 · Updated: 2026-03-28
About Superior Health Foundation
Superior Health Foundation (EIN: 203615349) is a nonprofit organization based in Marquette, MI, classified under NTEE code E11. The organization reported total revenue of $3.0M and total assets of $46.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Superior Health Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Superior Health Foundation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Superior Health Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is a highly positive sign, suggesting that all funds are directed towards the foundation's mission and operational costs, rather than executive salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Superior Health Foundation's IRS 990 filings:
- Significant year-to-year revenue volatility, which could impact long-term planning if not managed with substantial reserves.
Strengths
The following positive indicators were identified for Superior Health Foundation:
- Consistent growth in assets, from $27,362,970 in 2014 to $44,148,389 in 2023.
- Extremely low liabilities relative to assets, indicating strong financial management.
- 0% reported officer compensation across all filings, demonstrating a commitment to mission-focused spending.
- Expenses generally managed well, often staying below or close to annual revenues.
Frequently Asked Questions about Superior Health Foundation
Is Superior Health Foundation a good charity?
Based on the available IRS 990 data, Superior Health Foundation appears to be a good charity. It demonstrates strong financial health with growing assets, low liabilities, and a consistent record of 0% officer compensation, indicating efficient use of funds.
How has the organization's financial stability changed over time?
The organization's financial stability has improved significantly over time, with assets growing from $27,362,970 in 2014 to $44,148,389 in 2023. Liabilities have remained consistently low relative to assets, further indicating strong financial health.
What is the trend in revenue and expenses?
Revenue has shown significant year-to-year fluctuations, ranging from $1,141,919 in 2014 to a peak of $8,185,603 in 2020. Expenses have generally increased over time but at a more controlled pace, from $938,037 in 2014 to $2,056,259 in 2023, often staying below or close to annual revenues.
Filing History
IRS 990 filing history for Superior Health Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Superior Health Foundation's revenue has grown by 63.1%, moving from $1.3M to $2.1M. Total assets increased by 1009.5% over the same period, from $4.0M to $44.1M. Total functional expenses rose by 324.6%, from $484K to $2.1M. In its most recent filing year (2023), Superior Health Foundation reported a surplus of $24K, with revenue exceeding expenses. The organization holds $261K in liabilities against $44.1M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $43.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $2.1M | $44.1M | $261K | — | — |
| 2022 | $1.2M | $1.8M | $39.6M | $99K | — | — |
| 2021 | $4.2M | $1.7M | $48.5M | $100K | — | View 990 |
| 2020 | $8.2M | $1.6M | $42.7M | $128K | — | View 990 |
| 2019 | $2.0M | $1.7M | $33.7M | $110K | — | View 990 |
| 2018 | $3.7M | $1.3M | $28.9M | $122K | — | View 990 |
| 2017 | $1.7M | $1.1M | $30.4M | $121K | — | View 990 |
| 2016 | $1.2M | $1.0M | $26.9M | $114K | — | View 990 |
| 2015 | $1.5M | $1.4M | $25.8M | $180K | — | View 990 |
| 2014 | $1.1M | $938K | $27.4M | $317K | — | View 990 |
| 2013 | $535K | $403K | $27.2M | $469K | — | View 990 |
| 2013 | $24.1M | $1.7M | $26.3M | $961K | — | View 990 |
| 2012 | $1.6M | $2.8M | $2.6M | $130K | — | View 990 |
| 2011 | $1.3M | $484K | $4.0M | $273K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $2.1M, and assets of $44.1M (revenue +73.6% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.8M, and assets of $39.6M (revenue -71.5% year-over-year).
- 2021: Revenue of $4.2M, expenses of $1.7M, and assets of $48.5M (revenue -48.6% year-over-year).
- 2020: Revenue of $8.2M, expenses of $1.6M, and assets of $42.7M (revenue +311.9% year-over-year).
- 2019: Revenue of $2.0M, expenses of $1.7M, and assets of $33.7M (revenue -46.8% year-over-year).
- 2018: Revenue of $3.7M, expenses of $1.3M, and assets of $28.9M (revenue +120.1% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.1M, and assets of $30.4M (revenue +44.8% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.0M, and assets of $26.9M (revenue -23.7% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.4M, and assets of $25.8M (revenue +34.7% year-over-year).
- 2014: Revenue of $1.1M, expenses of $938K, and assets of $27.4M (revenue +113.5% year-over-year).
- 2013: Revenue of $535K, expenses of $403K, and assets of $27.2M (revenue -97.8% year-over-year).
- 2013: Revenue of $24.1M, expenses of $1.7M, and assets of $26.3M (revenue +1442.7% year-over-year).
- 2012: Revenue of $1.6M, expenses of $2.8M, and assets of $2.6M (revenue +22.4% year-over-year).
- 2011: Revenue of $1.3M, expenses of $484K, and assets of $4.0M.
Data Sources and Methodology
This transparency report for Superior Health Foundation 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.