S — Community Improvement & Capacity BuildingEIN: 363451562· Ruling Year: 1986

Initiative Foundation

Little Falls, Minnesota

B+Health Score
74B+

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 8 peers in Community Improvement & Capacity Building with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org10.74×
Peer Median2.76×
💰
$10.0M
Total Revenue
📊
$9.4M
Total Expenses
🏦
$100.6M
Net Assets
📋
$8.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-46.7%
Year-over-year change (2022 → 2023)
Net Margin
+6.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
10.74
Net assets divided by total expenses
Liabilities-to-Assets
7.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$10,031,903↓47%$9,362,176↓42%$109,008,159↑10%
2022$18,836,412↓39%$16,266,746↑73%$98,819,361↓9%
2021$30,841,983↑42%$9,396,701↓39%$108,344,856↑13%
2020$21,753,358↑111%$15,318,248↑193%$95,633,483↑17%
2019$10,291,225↑11%$5,230,555↓12%$81,789,533↑14%
2018$9,272,619↑7%$5,924,226↓19%$71,595,102↓3%
2017$8,640,352↑25%$7,323,711↑23%$74,000,813↑17%
2016$6,922,150↓12%$5,948,697↑1%$63,067,239↑3%
2015$7,886,304↓1%$5,862,607↑17%$61,032,929↓3%
2014$7,957,974↑14%$5,001,709↓13%$62,919,314↑3%
2013$6,989,789↓11%$5,743,004↑43%$60,796,062↑11%
2012$7,839,704↑7%$4,010,100↓10%$54,942,906↑15%
2011$7,355,087$4,444,204$47,762,113

Frequently Asked Questions

What does Initiative Foundation do?▼

Initiative Foundation is a community improvement & capacity building nonprofit organization based in Minnesota. It is classified under NTEE code S400 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Initiative Foundation financially healthy?▼

Based on our 9-metric Financial Health Score model, Initiative Foundation has a score of 74/100 (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 Initiative Foundation generate?▼

Initiative Foundation reports $15.2M in annual revenue and holds $114.7M in total assets, based on IRS filings.

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