Charity Search / MICHIGAN HEALTH INFORMATION TECHNOLOGY NETWORK SHARED SERVICE
Health Care (E800) 990 on File

MICHIGAN HEALTH INFORMATION TECHNOLOGY NETWORK SHARED SERVICE

EIN: 27-3871301 · LANSING, MI 48933-1617 · United States · FY 2024 Data
3 out of 5 51 / 100 Based on 2+ years of filings
Financial strength (30%) 65/100
Reliability (20%) 50/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$47.3M
Total Revenue
$47.1M
Total Expenses
$-671,228
Net Assets
146
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 79.0%
Fundraising Efficiency N/A
Operating Reserve -0.17x
Liability-to-Asset 103.8%
Revenue Diversification 100.1%
Executive Compensation $2.9M
Compared with Peers
FY 2024
Compared with 2,013 similar organizations (United States, Health Care, $10M–$100M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
79.0% 84.6%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
21.0% 14.6%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
-0.2 mo 6.8 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
103.8% 35.3%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
100.1% 92.5%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
-0.3% 7.3%
P10P90
Expense growth
Year over year expense growth
0.5% 7.7%
P10P90
Surplus margin
Surplus as a share of revenue
0.4% 1.0%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $47.3M $47.1M $-671,228 79.0% 146
2023 $47.4M $46.9M $-841,573 85.2% 187
2022 $44.4M $50.6M $-1,397,461 87.2% 209
2021 $41.9M $45.3M N/A — 195
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Organization Details
EIN
27-3871301
State
MI
City
LANSING
ZIP
48933-1617
Classification
E800
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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