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Versiti Michigan Inc. Logo

MIP Score

68

Health Care
Blood Banks

Versiti Michigan Inc.

Mission

(see schedule o)versiti michigan, inc. (versiti michigan) is a blood health innovator who enhances lives through discovery, diagnosis and treatment. versiti expands the frontiers of patient health through the integration of science, medicine and service.

Basic Information

Tax-Exempt

Address

1036 Fuller Ave NE, Grand Rapids, Michigan, 49503

View all Grand Rapids charities

Founded in

1955

EIN

38-1550001

Total Assets

$40.58 million

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

Showing 1 of 1 goals

MIP Score (Beta)

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The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

68

44

/100

Program Expense Ratio

85.18%

16

/20

Program Revenue Growth

-1.15%

2

/20

Leverage Ratio

0.1376

18

/20

Working Capital Ratio

0.548

6

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2022

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants562.3K0.86%
Program Services63.62M97.57%
Investment Income265.5K0.41%
Sales of Non-Inventory Assets757.3K1.16%
Other Notable Sources2800.00%
Total Revenue65.2M100.00%