NRecreation & SportsEIN: 205956938· Ruling Year: 2007

Newjets Inc

Eden Prairie, Minnesota

DHealth Score
33D

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Poor

💰
$1.2M
Total Revenue
📊
$1.3M
Total Expenses
🏦
$518K
Net Assets
📋
$6.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.1%
Year-over-year change (2022 → 2023)
Net Margin
-11.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.39
Net assets divided by total expenses
Liabilities-to-Assets
92.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,187,0245%$1,323,9217%$6,921,9064%
2022$1,129,2417%$1,242,6879%$7,220,819497%
2021$1,209,48932%$1,139,51726%$1,209,2509%
2020$914,63614%$902,20215%$1,108,5333%
2019$1,065,9141%$1,059,0234%$1,073,0446%
2018$1,060,5803%$1,018,1231%$1,008,8724%
2017$1,032,4662%$1,030,07112%$973,4195%
2016$1,007,8573%$922,3003%$931,28714%
2015$983,0876%$892,65213%$819,21011%
2014$926,81026%$792,24254%$737,78527%
2013$737,3291%$513,56012%$579,45221%
2012$733,05859%$460,2501%$478,059371%
2011$460,749$457,821$101,474

Frequently Asked Questions

What does Newjets Inc do?

Newjets Inc is a recreation & sports nonprofit organization based in Minnesota. It is classified under NTEE code N70 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Newjets Inc financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Newjets Inc.

How much revenue does Newjets Inc generate?

Newjets Inc reports $1.3M in annual revenue and holds $6.7M in total assets, based on IRS filings.

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