Charity Search / PACE NORTH
Health Care (E32) 990 on File

PACE NORTH

EIN: 81-4749395 · TRAVERSE CITY, MI 49686-5178 · United States · FY 2025 Data
3 out of 5 52 / 100 Based on 2+ years of filings
Financial strength (30%) 70/100
Reliability (20%) 45/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$25.7M
Total Revenue
$25.2M
Total Expenses
$1.4M
Net Assets
157
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 78.8%
Fundraising Efficiency N/A
Operating Reserve 0.66x
Liability-to-Asset 86.3%
Revenue Diversification 96.5%
Executive Compensation $213K
Compared with Peers
FY 2025
Compared with 687 similar organizations (United States, Health Care, $10M–$100M in expenses), FY 2025.
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
78.8% 84.3%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
21.2% 14.8%
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
0.7 mo 7.7 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
86.3% 27.1%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
96.5% 85.5%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
23.1% 7.1%
P10P90
Expense growth
Year over year expense growth
26.1% 6.7%
P10P90
Surplus margin
Surplus as a share of revenue
2.0% 2.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $25.7M $25.2M $1.4M 78.8% 157
2024 $20.9M $20.0M $863K 83.7% 129
2023 $16.1M $15.9M $-46,204 83.3% 134
2022 $13.5M $13.2M $-277,401 79.2% 97
2021 $8.9M $9.2M $-589,291 78.3% 75
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Organization Details
EIN
81-4749395
State
MI
City
TRAVERSE CITY
ZIP
49686-5178
Classification
E32
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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