C — EnvironmentEIN: 411659809· Ruling Year: 1989

Lake Superior Center

Duluth, Minnesota

BHealth Score
58B

Financial Health Score

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

Above Average

💰
$3.7M
Total Revenue
📊
$3.6M
Total Expenses
🏦
$941K
Net Assets
📋
$1.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.6%
Year-over-year change (2022 → 2023)
Net Margin
+1.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.26
Net assets divided by total expenses
Liabilities-to-Assets
56.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,681,433↑6%$3,640,872↑2%$2,155,122↑3%
2022$3,487,177↓5%$3,561,451↑26%$2,089,642↓6%
2021$3,675,136↑56%$2,816,849↑13%$2,211,388↑69%
2020$2,359,528↓17%$2,485,125↓19%$1,307,444↑24%
2019$2,847,954↑2%$3,050,606↓1%$1,053,813↓13%
2018$2,784,046↑5%$3,092,144↑12%$1,212,361↓19%
2017$2,643,951↓7%$2,767,965↑19%$1,489,821↓6%
2016$2,829,972↑25%$2,330,187↑13%$1,588,539↑46%
2015$2,267,337↑6%$2,061,945↑12%$1,086,781↑29%
2014$2,147,857↑1%$1,846,721↑2%$841,431↑60%
2013$2,122,114↑11%$1,816,562↑2%$527,295↑95%
2012$1,915,934↑4%$1,773,911↓2%$270,017↑13%
2011$1,833,503$1,812,669$238,213

Frequently Asked Questions

What does Lake Superior Center do?▼

Lake Superior Center is a environment nonprofit organization based in Minnesota. It is classified under NTEE code C600 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lake Superior Center financially healthy?▼

Based on our 9-metric Financial Health Score model, Lake Superior Center has a score of 58/100 (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 Lake Superior Center generate?▼

Lake Superior Center reports $4.4M in annual revenue and holds $2.4M in total assets, based on IRS filings.

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