Health Care
(E110)
IRS Verified
DX Registered
990 on File
MYMICHIGAN MEDICAL CENTER SAGINAW FOUNDATION
Financial strength (30%)
68/100
Reliability (20%)
40/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Rooted in the loving ministry of Jesus as healer, we commit ourselves to serving all persons with special attention to those who are poor and vulnerable. Our Catholic health ministry is dedicated to spiritually centered, holistic care which sustains and improves the health of individuals and communities. We are advocates for a compassionate and just society through our actions and our words.
Financial Overview — FY 2023
$1.9M
Total Revenue
$4.2M
Total Expenses
$22.2M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
80.8%
Fundraising Efficiency
616.4%
Operating Reserve
63.41x
Liability-to-Asset
4.7%
Revenue Diversification
75.1%
Compared with Peers
FY 2023
Compared with 4,434 similar organizations
(United States, Health Care, $1M–$10M in expenses), FY 2023.
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
|
80.8% | 84.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
4.3% | 11.8% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
14.9% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
616.4% | 125.2% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
63.4 mo | 9.7 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
4.7% | 14.7% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
75.1% | 91.3% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-56.1% | 5.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
32.1% | 9.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-120.3% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $1.9M | $4.2M | $22.2M | 80.8% | 0 |
| 2022 | $4.3M | $3.2M | $25.1M | 73.0% | 0 |
| 2021 | $2.2M | $1.3M | N/A | — | 0 |
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