Mankato Area Foundation
Mankato, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 22 peers in Unclassified with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $5,788,794↓7% | $4,419,357↑34% | $30,025,948↑11% | |
| 2022 | $6,256,215↑61% | $3,308,376↑22% | $27,051,711↓2% | — |
| 2021 | $3,879,054↑1% | $2,713,026↑29% | $27,550,906↑22% | — |
| 2020 | $3,839,123↓22% | $2,102,071↑27% | $22,594,805↑15% | — |
| 2019 | $4,942,734↑106% | $1,648,705↑31% | $19,568,119↑30% | — |
| 2018 | $2,396,337↑64% | $1,258,309↑21% | $15,027,895↑20% | — |
| 2017 | $1,459,251↑18% | $1,042,904↑16% | $12,558,678↑10% | — |
| 2016 | $1,240,714↓84% | $895,586↑26% | $11,464,459 | — |
| 2015 | $7,596,674↑1687% | $709,569↓24% | $11,451,856↑122% | — |
| 2014 | $425,068↓66% | $927,947↑191% | $5,149,048↑11% | — |
| 2013 | $1,250,796↑69% | $318,633↓1% | $4,621,212↑30% | — |
| 2012 | $740,079↑83% | $321,048↑43% | $3,558,631↑10% | — |
| 2011 | $404,851 | $224,829 | $3,221,104 | — |
Frequently Asked Questions
What does Mankato Area Foundation do?▼
Mankato Area Foundation 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 Mankato Area Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Mankato Area Foundation has a score of 83/100 (Grade: A-). 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 Mankato Area Foundation generate?▼
Mankato Area Foundation reports $7.1M in annual revenue and holds $34.4M in total assets, based on IRS filings.
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