P — Human ServicesEIN: 410955577· Ruling Year: 1970

Canvas Health Inc

Oakdale, Minnesota

A-Health Score
79A-

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 15 peers in Human Services with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.48×
Peer Median7.39×
💰
$27.6M
Total Revenue
📊
$25.8M
Total Expenses
🏦
$12.5M
Net Assets
📋
$3.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+23.3%
Year-over-year change (2022 → 2023)
Net Margin
+6.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.48
Net assets divided by total expenses
Liabilities-to-Assets
23.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$27,616,700↑23%$25,770,495↑25%$16,320,220↑22%
2022$22,398,933↑38%$20,690,409↑22%$13,363,689↑18%
2021$16,271,120↓13%$16,975,394↓4%$11,355,158↓4%
2020$18,728,767↑9%$17,703,213↑3%$11,775,065↑16%
2019$17,122,888↑3%$17,165,564↓1%$10,159,579↑1%
2018$16,547,533↓7%$17,312,179↓5%$10,086,492↓10%
2017$17,721,870↓2%$18,177,875↓2%$11,165,183↓5%
2016$18,105,993↑9%$18,511,163↑11%$11,750,096
2015$16,652,503↑5%$16,659,287↑5%$11,807,449↑1%
2014$15,799,102↑4%$15,848,102↓2%$11,734,513
2013$15,123,289↓3%$16,129,375↓1%$11,775,846↓8%
2012$15,620,486↑2%$16,260,572$12,740,282↓4%
2011$15,321,414$16,267,304$13,292,620

Frequently Asked Questions

What does Canvas Health Inc do?▼

Canvas Health Inc is a human services nonprofit organization based in Minnesota. It is classified under NTEE code P200 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Canvas Health Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Canvas Health Inc has a score of 79/100 (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 Canvas Health Inc generate?▼

Canvas Health Inc reports $32.5M in annual revenue and holds $19.2M in total assets, based on IRS filings.

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