Minnesota Independence College And Community
Richfield, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Excellent
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 | |
|---|---|---|---|---|
| 2023 | $7,166,055↑27% | $6,544,169↑33% | $5,905,697↑46% | |
| 2021 | $5,662,588↑23% | $4,902,312↑11% | $4,038,115↑4% | — |
| 2020 | $4,603,297↑5% | $4,418,027↑11% | $3,879,028↑19% | — |
| 2019 | $4,393,301↑30% | $3,974,349↑30% | $3,254,548↑19% | — |
| 2018 | $3,369,637↑28% | $3,047,903↑11% | $2,736,359↑24% | — |
| 2017 | $2,625,470↓5% | $2,743,694↑2% | $2,212,937↑1% | — |
| 2016 | $2,762,136↓1% | $2,687,130↑5% | $2,196,751↓3% | — |
| 2015 | $2,790,679↑22% | $2,566,158↑19% | $2,265,289↑15% | — |
| 2014 | $2,280,839↓10% | $2,154,746↑1% | $1,961,990↑17% | — |
| 2013 | $2,531,047↑19% | $2,141,508↑5% | $1,681,220↑29% | — |
| 2012 | $2,124,548↑22% | $2,040,981↑15% | $1,300,049↑8% | — |
| 2011 | $1,743,834 | $1,782,320 | $1,203,814 | — |
Frequently Asked Questions
What does Minnesota Independence College And Community do?▼
Minnesota Independence College And Community is a philanthropy, voluntarism & grantmaking nonprofit organization based in Minnesota. It is classified under NTEE code T70 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Minnesota Independence College And Community financially healthy?▼
Based on our 9-metric Financial Health Score model, Minnesota Independence College And Community has a score of 87/100 (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 Minnesota Independence College And Community generate?▼
Minnesota Independence College And Community reports $7.5M in annual revenue and holds $8.6M in total assets, based on IRS filings.
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