Lanesboro Housing Development Inc
Owatonna, Minnesota
BHealth Score
61B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$298K
Total Revenue
📊
$343K
Total Expenses
🏦
$480K
Net Assets
📋
$104K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+14.0%
Year-over-year change (2022 → 2023)
Net Margin
-15.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.40
Net assets divided by total expenses
Liabilities-to-Assets
17.9%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $297,945↑14% | $342,632↑39% | $584,767↓8% | — |
| 2022 | $261,253 | $246,788↑4% | $637,437↑1% | — |
| 2021 | $260,776 | $236,423↓4% | $632,198↑3% | — |
| 2020 | $261,488↑7% | $247,002↓16% | $615,979↑1% | — |
| 2019 | $244,556↑13% | $295,773↑17% | $612,283↓9% | — |
| 2018 | $215,512↑6% | $251,977↑7% | $671,480↓6% | — |
| 2017 | $203,513 | $234,962↓2% | $715,788↓5% | — |
| 2016 | $203,604↑5% | $239,890↑8% | $754,147↓6% | — |
| 2015 | $193,905↑3% | $222,189↑6% | $800,801↓5% | — |
| 2014 | $187,409↑4% | $209,165↑3% | $839,838↓4% | — |
| 2013 | $179,566↑8% | $202,463↑3% | $871,777↓4% | — |
| 2012 | $165,914↓4% | $196,029↓4% | $906,094↓4% | — |
| 2011 | $173,039 | $204,179 | $945,732 | — |
Frequently Asked Questions
What does Lanesboro Housing Development Inc do?▼
Lanesboro Housing Development Inc 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 Lanesboro Housing Development Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Lanesboro Housing Development Inc.
How much revenue does Lanesboro Housing Development Inc generate?▼
Lanesboro Housing Development Inc reports $384K in annual revenue and holds $716K in total assets, based on IRS filings.
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