SCommunity 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$10,031,90347%$9,362,17642%$109,008,15910%
2022$18,836,41239%$16,266,74673%$98,819,3619%
2021$30,841,98342%$9,396,70139%$108,344,85613%
2020$21,753,358111%$15,318,248193%$95,633,48317%
2019$10,291,22511%$5,230,55512%$81,789,53314%
2018$9,272,6197%$5,924,22619%$71,595,1023%
2017$8,640,35225%$7,323,71123%$74,000,81317%
2016$6,922,15012%$5,948,6971%$63,067,2393%
2015$7,886,3041%$5,862,60717%$61,032,9293%
2014$7,957,97414%$5,001,70913%$62,919,3143%
2013$6,989,78911%$5,743,00443%$60,796,06211%
2012$7,839,7047%$4,010,10010%$54,942,90615%
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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