Park Rapids Lakes Area Chamber Of Commerce
Park Rapids, Minnesota
CHealth Score
40C
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Below Average
๐ฐ
$322K
Total Revenue
๐
$417K
Total Expenses
๐ฆ
$170K
Net Assets
๐
$70K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-29.2%
Year-over-year change (2022 โ 2023)
Net Margin
-29.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.41
Net assets divided by total expenses
Liabilities-to-Assets
29.0%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $321,763โ29% | $417,095โ9% | $239,988โ17% | โ |
| 2022 | $454,534โ23% | $384,313โ2% | $289,513 | โ |
| 2021 | $370,991โ10% | $377,211โ34% | $289,714โ12% | โ |
| 2020 | $338,340โ13% | $280,516โ28% | $258,333โ31% | โ |
| 2019 | $387,806โ4% | $388,051โ1% | $196,753โ6% | โ |
| 2018 | $404,556โ8% | $391,041โ1% | $210,006โ15% | โ |
| 2017 | $439,255โ19% | $395,604โ10% | $181,898โ7% | โ |
| 2016 | $370,493โ22% | $360,997โ16% | $196,222โ3% | โ |
| 2015 | $304,522โ6% | $312,188โ7% | $191,240โ5% | โ |
| 2014 | $323,436โ11% | $290,557 | $182,619โ21% | โ |
| 2013 | $365,414โ26% | $289,573โ17% | $151,073โ13% | โ |
| 2012 | $289,918โ21% | $348,333โ2% | $134,219โ2% | โ |
| 2011 | $368,213 | $355,808 | $130,962 | โ |
Frequently Asked Questions
What does Park Rapids Lakes Area Chamber Of Commerce do?โผ
Park Rapids Lakes Area Chamber Of Commerce 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 Park Rapids Lakes Area Chamber Of Commerce financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Park Rapids Lakes Area Chamber Of Commerce.
How much revenue does Park Rapids Lakes Area Chamber Of Commerce generate?โผ
Park Rapids Lakes Area Chamber Of Commerce reports $397K in annual revenue and holds $243K in total assets, based on IRS filings.
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