Redwood Area Development Corporation
Redwood Falls, Minnesota
BHealth Score
64B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$229K
Total Revenue
📊
$234K
Total Expenses
🏦
$141K
Net Assets
📋
N/A
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+14.9%
Year-over-year change (2022 → 2023)
Net Margin
-2.3%
Revenue minus expenses as % of revenue
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $228,780↑15% | $234,086 | $141,178↓4% | |
| 2022 | $199,087↑12% | $234,177↑43% | $146,484↓19% | — |
| 2021 | $178,317↑6% | $163,945↑3% | $181,574↑9% | — |
| 2020 | $168,622↑558% | $159,911↑12% | $167,202↑12% | — |
| 2019 | $25,640↓86% | $143,210↓38% | $148,917↑1% | — |
| 2018 | $189,259↓34% | $229,372↓7% | $147,932↓22% | — |
| 2017 | $286,301↓45% | $245,637↓50% | $190,308↑21% | — |
| 2016 | $522,601↑18% | $491,754↑14% | $157,289↑27% | — |
| 2015 | $444,023↓83% | $433,082↓84% | $124,292↑6% | — |
| 2014 | $2,640,720↑59% | $2,635,825↑59% | $116,811↑3% | — |
| 2013 | $1,660,554↑221% | $1,652,754↑231% | $113,313↑39% | — |
| 2012 | $517,075↑166% | $499,495↑146% | $81,521↑54% | — |
| 2011 | $194,377 | $202,908 | $52,897 | — |
Frequently Asked Questions
What does Redwood Area Development Corporation do?▼
Redwood Area Development Corporation is a unclassified nonprofit organization based in Minnesota. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Redwood Area Development Corporation financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Redwood Area Development Corporation.
How much revenue does Redwood Area Development Corporation generate?▼
Redwood Area Development Corporation reports $273K in annual revenue and holds $115K in total assets, based on IRS filings.
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