Luverne Area Community Foundation
Luverne, Minnesota
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 30 peers in Philanthropy, Voluntarism & Grantmaking with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2022 | $2,158,225↓23% | $2,325,054↓5% | $5,653,711↓15% | |
| 2021 | $2,811,176↑80% | $2,438,513↑134% | $6,630,405↑16% | — |
| 2020 | $1,559,044↓28% | $1,042,069↓9% | $5,705,967↑15% | — |
| 2019 | $2,171,758↑93% | $1,151,373↑57% | $4,953,140↑23% | — |
| 2018 | $1,128,135↑63% | $735,365↑14% | $4,039,720↓3% | — |
| 2017 | $693,018↓31% | $647,220↓3% | $4,173,334↑10% | — |
| 2016 | $1,002,344↑17% | $666,593↑22% | $3,801,178↑15% | — |
| 2015 | $860,223↑15% | $545,766↑27% | $3,306,857↑7% | — |
| 2014 | $749,522↑33% | $430,571↑2% | $3,104,840↑14% | — |
| 2013 | $563,667↑43% | $423,736↑49% | $2,717,695↑15% | — |
| 2012 | $395,008↑9% | $285,012↓5% | $2,363,330↑37% | — |
| 2011 | $361,296 | $300,018 | $1,720,040 | — |
Frequently Asked Questions
What does Luverne Area Community Foundation do?▼
Luverne Area Community Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Minnesota. It is classified under NTEE code T31 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Luverne Area Community Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Luverne Area Community Foundation has a score of 81/100 (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 Luverne Area Community Foundation generate?▼
Luverne Area Community Foundation reports $2.9M in annual revenue and holds $8.0M in total assets, based on IRS filings.
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