S โ€” Community Improvement & Capacity BuildingEIN: 411761590ยท Ruling Year: 1994

Grand Rapids Area Community Fndtn

Grand Rapids, Minnesota

A-Health Score
76A-

Financial Health Score

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

Very Good

๐Ÿ’ฐ
$3.1M
Total Revenue
๐Ÿ“Š
$1.7M
Total Expenses
๐Ÿฆ
$27.9M
Net Assets
๐Ÿ“‹
$3.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-16.8%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+45.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
16.60
Net assets divided by total expenses
Liabilities-to-Assets
10.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,093,747โ†“17%$1,681,236โ†“21%$31,096,735โ†‘10%
2022$3,717,109โ†“7%$2,133,776โ†‘14%$28,200,490โ†“9%
2021$4,006,320โ†“6%$1,876,287โ†“21%$30,863,556โ†‘14%
2020$4,273,292โ†‘44%$2,387,292โ†‘30%$27,178,188โ†‘11%
2019$2,966,967โ†“4%$1,836,291โ†‘27%$24,515,040โ†‘20%
2018$3,093,463โ†“19%$1,445,717โ†“13%$20,485,847โ†“2%
2017$3,833,762โ†‘57%$1,669,809โ†“12%$21,004,276โ†‘13%
2016$2,436,780โ†“40%$1,897,698โ†‘14%$18,511,485โ†‘8%
2015$4,048,444โ†‘50%$1,658,969โ†“11%$17,198,905โ†‘1%
2014$2,699,827โ†“5%$1,870,820โ†‘17%$17,017,990โ†‘7%
2013$2,848,212โ†‘40%$1,603,999โ†‘20%$15,974,466โ†‘17%
2012$2,039,001โ†“7%$1,334,225โ†‘3%$13,708,041โ†‘11%
2011$2,202,841$1,301,182$12,330,429

Frequently Asked Questions

What does Grand Rapids Area Community Fndtn do?โ–ผ

Grand Rapids Area Community Fndtn is a community improvement & capacity building nonprofit organization based in Minnesota. It is classified under NTEE code S20Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Grand Rapids Area Community Fndtn financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Grand Rapids Area Community Fndtn has a score of 76/100 (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 Grand Rapids Area Community Fndtn generate?โ–ผ

Grand Rapids Area Community Fndtn reports $5.9M in annual revenue and holds $34.0M in total assets, based on IRS filings.

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Grand Rapids Area Community Fndtn โ€” Grand Rapids, MN | GiveScope