Bowen Health
Legal name: Bowen Health Inc
Nonprofit profile at a glance
- EIN
- 351057889
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Warsaw, IN, USA
- Phone
- (800) 342-5653
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Alcohol, Drug Abuse, Treatment Only
Reported finances
- Revenue
- $140,598,460
- Expenses
- $118,864,770
- Assets
- $179,333,562
- Liabilities
- $25,881,526
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
25 people listed
Executive titles in this filing
- ROBERT RYAN (PRESIDENT AND CEO)
Highest reported compensation
- ROBERT RYAN (PRESIDENT AND CEO): $1,261,033 total reported compensation
- JAY BAUMGARTNER (CFO): $1,138,005 total reported compensation
- SHANNON HANNON (COO): $896,444 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Healthcare that focuses on the whole person. At Bowen Health we provide high-quality healthcare for the whole person, mind and body, in northeast and north central Indiana. We aim to be your healthcare home by offering judgement-free, patient-centered care. Services include wellness exams, sports physicals, sick visits, mental and emotional health care, dentistry, addiction recovery, life skills coaching and more. Bowen Health serves all people – we accept Medicaid and no one is turned away for an inability to pay. You belong at Bowen. OUR MISSION.
What it reported doing in 2024
Bowen health is a comprehensive community mental health center (cmhc) and federally qualified health center (fqhc) lookalike organization providing care in our communities since 1961. Bowen health provides a full range of behavioral health, addiction and primary care services. Bowen has fqhc clinics located in warsaw, plymouth, huntington, columbia city, wabash, syracuse, bremen, fort wayne, angola, albion, auburn, albion, kokomo, and south bend. Bowen has transitional living facilities in plymouth and warsaw. In pierceton, bowen operates a 16 bed inpatient facility along with a crisis receiving and stabilization unit along with mobile teams available to service our catchment area of huntington county, kosciusko county, marshall county, wabash county and whitley county. In addition, bowen health operates an opioid treatment facility in fort wayne. Annually, care is provided to over 30,000 patients each year. Bowen health maintains strong relations with key community partners such as schools, department of children services (dcs), law enforcement, judges, probation, jails among others to ensure community needs are being met.
Operating model
- Revenue model
- Earned-program. 88% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 91
- Accountability: 100
- Sustainability: 65
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.5%; rating input score 67
- Program expense ratio: 81.5%; rating input score 81
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 15.5%; rating input score 83; 83rd percentile among comparable filings
- Total-asset coverage ratio: 1.51; rating input score 53; 53rd percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 5.2%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: 9.7% per year; rating input score 100; 73rd percentile among comparable filings
- Revenue growth: 10.7% per year; rating input score 100; 79th percentile among comparable filings
- Asset growth: 13.6% per year; rating input score 100; 83rd percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site
- Where the money goes: 67.5% of revenue deployed · 81.5% of spending went to programs
- Governance: 16 of 16 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $96.8M in reported program spending
- Leadership: top reported pay $1.3M · 25 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $9.6M reported
- Consistency: 33 of 34 current checks pass · 1 finding to review
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 15 filed money-flow records
- Related organizations: 9 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Sustainability: Total-asset coverage ratio scored 53/100.
- High — Sustainability: Officer compensation ratio scored 15/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.