Lakes Area Food Shelf Incorporated
Pequot Lakes, Minnesota
A-Health Score
79A-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Very Good
💰
$967K
Total Revenue
📊
$520K
Total Expenses
🏦
$1.3M
Net Assets
📋
$18K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+57.4%
Year-over-year change (2022 → 2023)
Net Margin
+46.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.51
Net assets divided by total expenses
Liabilities-to-Assets
1.4%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $967,147↑57% | $520,124↑44% | $1,325,364↑52% | — |
| 2022 | $614,518↑64% | $362,236↑56% | $872,256↑40% | — |
| 2021 | $374,159↓2% | $232,756↑20% | $621,007↑30% | — |
| 2020 | $383,356↑111% | $194,242↑4% | $478,571↑65% | — |
| 2019 | $181,989↓6% | $187,507 | $289,781↓2% | — |
| 2018 | $193,864↑9% | $188,140↑4% | $295,270↑2% | — |
| 2017 | $178,277↓7% | $181,446↑5% | $289,425↓1% | — |
| 2016 | $191,189 | $172,841↓9% | $292,730↑6% | — |
| 2015 | $191,337↓2% | $189,026↑3% | $275,174↑1% | — |
| 2014 | $194,459↑5% | $183,942↑5% | $272,702↑4% | — |
| 2013 | $185,068↑2% | $174,778↓12% | $262,082↑4% | — |
| 2012 | $180,602↑2% | $199,530↑17% | $250,954↓7% | — |
| 2011 | $177,866 | $170,132 | $269,882 | — |
Frequently Asked Questions
What does Lakes Area Food Shelf Incorporated do?▼
Lakes Area Food Shelf Incorporated is a human services nonprofit organization based in Minnesota. It is classified under NTEE code P20Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lakes Area Food Shelf Incorporated financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Lakes Area Food Shelf Incorporated.
How much revenue does Lakes Area Food Shelf Incorporated generate?▼
Lakes Area Food Shelf Incorporated reports $834K in annual revenue and holds $1.6M in total assets, based on IRS filings.
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