Granite Foundation
Mendota Hts, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,396,735↓5% | $824,138↑3% | $14,656,542↑4% | |
| 2022 | $2,511,524↑3% | $796,919↑27% | $14,137,646↑25% | — |
| 2021 | $2,438,365↑249% | $625,160↑28% | $11,335,504↑19% | — |
| 2020 | $697,860↓68% | $488,328↓13% | $9,548,077↑2% | — |
| 2019 | $2,159,589↑145% | $561,132↑34% | $9,360,301↑16% | — |
| 2015 | $880,474↑47% | $418,270↓13% | $8,038,569↑16% | — |
| 2014 | $600,603↓3% | $479,428↑3% | $6,953,047↓2% | — |
| 2013 | $617,916↓32% | $463,425↑33% | $7,115,706↓2% | — |
| 2012 | $907,784↑118% | $349,702↓4% | $7,249,781↓2% | — |
| 2011 | $415,638 | $365,836 | $7,429,308 | — |
Frequently Asked Questions
What does Granite Foundation do?▼
Granite Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Minnesota. It is classified under NTEE code T22 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Granite Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Granite Foundation has a score of 66/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Granite Foundation generate?▼
Revenue data for Granite Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.
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