Spectrum Building Company
Elk River, Minnesota
B-Health Score
50B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
This Org-2.18×
Peer Median20.77×
💰
$1.8M
Total Revenue
📊
$1.5M
Total Expenses
🏦
-$3.2M
Net Assets
📋
$22.6M
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+29.7%
Year-over-year change (2022 → 2023)
Net Margin
+17.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
-2.18
Net assets divided by total expenses
Liabilities-to-Assets
116.7%
Total liabilities as % of total assets
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,789,748↑30% | $1,481,751↓1% | $19,344,350 | — |
| 2022 | $1,379,520↓3% | $1,498,117↓1% | $19,420,791↓2% | — |
| 2021 | $1,421,139↑6% | $1,506,377↓9% | $19,840,253↓2% | — |
| 2020 | $1,337,958↑1% | $1,655,177↑44% | $20,271,529↓3% | — |
| 2019 | $1,323,098↑10% | $1,152,527↓46% | $21,005,778↓4% | — |
| 2018 | $1,197,527↑5% | $2,137,926↑76% | $21,771,023↑69% | — |
| 2017 | $1,141,328↑7% | $1,214,058 | $12,880,375↓3% | — |
| 2016 | $1,065,946 | $1,214,024↓6% | $13,264,682↓2% | — |
| 2015 | $1,065,356↑43% | $1,292,805↓13% | $13,594,536↓3% | — |
| 2014 | $746,246↑703906% | $1,478,195↑101% | $14,026,576↑24% | — |
| 2013 | $106 | $736,436↑1565% | $11,347,038 | — |
| 2012 | $0 | $44,218 | $0 | — |
Frequently Asked Questions
What does Spectrum Building Company do?▼
Spectrum Building Company is a education nonprofit organization based in Minnesota. It is classified under NTEE code B11 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Spectrum Building Company financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Spectrum Building Company.
How much revenue does Spectrum Building Company generate?▼
Spectrum Building Company reports $1.6M in annual revenue and holds $19.3M in total assets, based on IRS filings.