PHuman ServicesEIN: 411296663· Ruling Year: 1977

Residential Services Of Northeastern Minnesota Inc

Duluth, Minnesota

BHealth Score
59B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.36×
Peer Median7.39×
💰
$23.4M
Total Revenue
📊
$24.7M
Total Expenses
🏦
$8.8M
Net Assets
📋
$3.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+1.0%
Year-over-year change (2022 → 2023)
Net Margin
-5.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.36
Net assets divided by total expenses
Liabilities-to-Assets
27.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$23,440,6231%$24,706,8036%$12,047,4157%
2022$23,215,1341%$23,278,7247%$12,958,6782%
2021$23,044,96811%$21,667,0808%$13,247,5847%
2020$20,741,88315%$19,987,0229%$14,200,60332%
2019$18,089,7205%$18,356,212$10,797,5673%
2018$19,022,70612%$18,338,5548%$11,136,98318%
2017$17,049,2383%$16,903,5205%$9,463,4942%
2016$16,488,0986%$16,109,0908%$9,304,3963%
2015$15,552,49914%$14,905,75114%$9,054,3828%
2014$13,598,38413%$13,129,94113%$8,410,7605%
2013$11,981,0194%$11,574,6525%$8,037,4213%
2012$11,480,6821%$11,041,3311%$7,830,6243%
2011$11,338,275$11,164,243$7,578,460

Frequently Asked Questions

What does Residential Services Of Northeastern Minnesota Inc do?

Residential Services Of Northeastern Minnesota Inc is a human services nonprofit organization based in Minnesota. It is classified under NTEE code P730 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Residential Services Of Northeastern Minnesota Inc financially healthy?

Based on our 9-metric Financial Health Score model, Residential Services Of Northeastern Minnesota Inc has a score of 59/100 (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 Residential Services Of Northeastern Minnesota Inc generate?

Residential Services Of Northeastern Minnesota Inc reports $25.2M in annual revenue and holds $13.0M in total assets, based on IRS filings.

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