Lakes Life Care Center
Forest Lake, Minnesota
A-Health Score
81A-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Very Good
💰
$333K
Total Revenue
📊
$245K
Total Expenses
🏦
$480K
Net Assets
📋
N/A
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+21.1%
Year-over-year change (2022 → 2023)
Net Margin
+26.4%
Revenue minus expenses as % of revenue
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $333,426↑21% | $245,350↑11% | $480,254↑22% | — |
| 2022 | $275,307↓6% | $220,355↑13% | $392,178↑16% | — |
| 2021 | $293,225↑53% | $195,365↑15% | $337,648↑41% | — |
| 2020 | $191,562↑7% | $169,545↑7% | $239,747↑10% | — |
| 2019 | $178,256↑10% | $158,063↑11% | $217,614↑10% | — |
| 2018 | $162,313↓20% | $142,602↑4% | $197,299↑10% | — |
| 2017 | $202,613↑22% | $137,330↑8% | $179,722↑60% | — |
| 2016 | $166,565↑24% | $127,036↓4% | $112,160↑54% | — |
| 2015 | $133,806↓13% | $132,449↓10% | $72,631↑2% | — |
| 2014 | $154,465↓9% | $146,968↓1% | $71,274↑12% | — |
| 2013 | $169,839↑27% | $148,042↑12% | $63,777↑52% | — |
| 2012 | $134,025↑3% | $132,330↑8% | $41,980↑4% | — |
| 2011 | $130,016 | $122,921 | $40,285 | — |
Frequently Asked Questions
What does Lakes Life Care Center do?▼
Lakes Life Care Center is a human services nonprofit organization based in Minnesota. It is classified under NTEE code P20L and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lakes Life Care Center financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Lakes Life Care Center.
How much revenue does Lakes Life Care Center generate?▼
Lakes Life Care Center reports $318K in annual revenue and holds $485K in total assets, based on IRS filings.
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