DETROIT, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WELLNESS PLAN MEDICAL CENTERS FOUNDATION, founded in 2010, is a community nonprofit in the Health Care sector that reported $1.7M in total revenue in fiscal year 2023. Expenses of $2.8M exceeded revenue, resulting in a 59% operating deficit.
THE PRIMARY PURPOSE IS TO RECEIVE AND ADMINISTER FUNDS IN SUPPORT OF THE OPERATION OF FEDERALLY QUALIFIED HEALTH CENTERS TO ENABLE THEM TO PROVIDE HEALTHCARE SERVICES TO UNDERINSURED AND UNINSURED INDIVIDUALS; TO ENGAGE IN SUCH OTHER CHARITABLE FUNCTIONS TO ENHANCE THE QUALITY OF LIFE OF CITIZENS OF SOUTHEASTERN MICHIGAN.
THE PRIMARY PURPOSE IS TO RECEIVE AND ADMINISTER FUNDS IN SUPPORT OF THE OPERATION OF FEDERALLY QUALIFIED HEALTH CENTERS TO ENABLE THEM TO PROVIDE HEALTHCARE SERVICES TO UNDERINSURED AND UNINSURED...
THE PRIMARY PURPOSE IS TO RECEIVE AND ADMINISTER FUNDS IN SUPPORT OF THE OPERATION OF FEDERALLY QUALIFIED HEALTH CENTERS TO ENABLE THEM TO PROVIDE HEALTHCARE SERVICES TO UNDERINSURED AND UNINSURED INDIVIDUALS; TO ENGAGE IN SUCH OTHER CHARITABLE FUNCTIONS TO ENHANCE THE QUALITY OF LIFE OF CITIZENS OF SOUTHEASTERN MICHIGAN. DURING 2013, THE ORGANIZATION RECEIVED A CONTRIBUTION OF A BUILDING HOUSING THE WELLNESS PLAN MEDICAL CENTERS AND RENTS THE PROPERTY TO THE CENTERS IN SUPPORT OF THEIR HEALTH CARE ACTIVITIES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,736,814 | $1,728,767 | +0.0% |
| Expenses | $2,770,187 | $2,669,951 | +0.0% |
| Net Income | $-1,033,373 | $-941,184 | +0.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MALIKAH MUHAMMAD | VICE CHAIRPERSON | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| STEPHON JOHNSON | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DANIELL JONES | CHAIRPERSON | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MAHASIN PIERCE | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARGARET LOUISE BETTS MD | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| INGRID THOMPSON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ANITA MONCREASE MD | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CASSANDRA WILLIS-ABNER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| VAREE TOWNERS-GRANDBERRY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ADRIAN LEWIS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| TERRY JACKSON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ANITA JONES | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JOANN POLK | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LARRY WARREN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ANTHONY KING | CEO & EXECUTIVE DIRECTOR | 1.00 |
Officer
|
$0 | $79,738 | $422,411 |
| CHARLES BERRY | CHIEF FINANCIAL OFFICER | 1.00 |
Officer
|
$0 | $18,135 | $176,215 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,736,814 | $2,770,187 | $24,663,932 | $-1,033,373 |
| 2022 | $1,728,767 | $2,669,951 | $23,151,225 | $-941,184 |
| 2021 | $1,827,669 | $2,635,483 | $21,645,852 | $-807,814 |
| 2020 | $1,768,510 | $2,320,086 | $18,181,008 | $-551,576 |
| 2019 | $1,497,357 | $2,590,935 | $16,447,703 | $-1,093,578 |
| 2018 | $1,486,597 | $2,390,961 | $14,970,358 | $-904,364 |
Compare WELLNESS PLAN MEDICAL CENTERS FOUNDATION with other nonprofits in Michigan and across the country.