Minnesota River Area Agency On Aging Inc
Mankato, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
15 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $9,149,406↑9% | $9,130,761↑9% | $2,789,080↑11% | — |
| 2022 | $8,378,949↑9% | $8,372,807↑10% | $2,521,518↑18% | — |
| 2021 | $7,668,556↓6% | $7,615,908↓6% | $2,137,697↓10% | — |
| 2020 | $8,144,233↑26% | $8,064,657↑27% | $2,378,280↑43% | — |
| 2019 | $6,442,775↑4% | $6,363,072↑3% | $1,666,931↑4% | — |
| 2018 | $6,178,624↓11% | $6,181,402↓8% | $1,602,366↑2% | — |
| 2017 | $6,926,413↓4% | $6,720,677↑2% | $1,572,516↓15% | — |
| 2016 | $7,235,007↑66% | $6,616,038↑52% | $1,842,442↓14% | — |
| 2015 | $4,365,326↑123% | $4,365,326↑123% | $2,152,144↑23% | — |
| 2014 | $1,957,008↓65% | $1,957,008↓65% | $1,751,987↓6% | — |
| 2014 | $5,557,506↑3% | $5,557,506↑3% | $1,857,332↑13% | — |
| 2013 | $5,379,311↑23% | $5,379,311↑23% | $1,649,664↑7% | — |
| 2012 | $4,383,538↓1% | $4,383,538↓1% | $1,546,373↓11% | — |
| 2011 | $4,413,768↑21% | $4,413,768↑21% | $1,746,335↑97% | — |
| 2010 | $3,661,226 | $3,661,226 | $885,703 | — |
Frequently Asked Questions
What does Minnesota River Area Agency On Aging Inc do?▼
Minnesota River Area Agency On Aging Inc is a human services nonprofit organization based in Minnesota. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Minnesota River Area Agency On Aging Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Minnesota River Area Agency On Aging Inc has a score of 65/100 (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 Minnesota River Area Agency On Aging Inc generate?▼
Minnesota River Area Agency On Aging Inc reports $8.9M in annual revenue and holds $3.1M in total assets, based on IRS filings.
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