Lakes Area Senior Activity Center Inc
Brainerd, Minnesota
BHealth Score
55B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$380K
Total Revenue
📊
$390K
Total Expenses
🏦
$1.3M
Net Assets
📋
$13K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-5.6%
Year-over-year change (2022 → 2023)
Net Margin
-2.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.37
Net assets divided by total expenses
Liabilities-to-Assets
1.0%
Total liabilities as % of total assets
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $380,466↓6% | $389,676↓5% | $1,327,656↓1% | — |
| 2022 | $403,122↑10% | $410,072↑7% | $1,343,586↑15% | — |
| 2020 | $365,564↓47% | $384,077↓15% | $1,164,025↓1% | — |
| 2019 | $694,886↑78% | $451,087↑3% | $1,176,827↑26% | — |
| 2018 | $390,610↓2% | $438,239↑4% | $930,529↓5% | — |
| 2017 | $400,471↓26% | $421,721↑8% | $977,345↓2% | — |
| 2016 | $538,451↑38% | $391,768↑4% | $997,145↑17% | — |
| 2015 | $389,614↑5% | $377,549↑5% | $854,431↑1% | — |
| 2014 | $371,439 | $358,970 | $844,387↑2% | — |
| 2013 | $371,218↓4% | $358,623↑2% | $830,985↑1% | — |
| 2012 | $387,241↑2% | $349,994↑2% | $818,828↑4% | — |
| 2011 | $377,959 | $343,295 | $786,999 | — |
Frequently Asked Questions
What does Lakes Area Senior Activity Center Inc do?▼
Lakes Area Senior Activity Center 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 Lakes Area Senior Activity Center Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Lakes Area Senior Activity Center Inc.
How much revenue does Lakes Area Senior Activity Center Inc generate?▼
Lakes Area Senior Activity Center Inc reports $456K in annual revenue and holds $1.4M in total assets, based on IRS filings.
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