Lakewood Health System
Staples, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 1225 peers in Health Care with $100M-$1B revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $148,043,887↑9% | $144,660,160↑15% | $162,825,284 | |
| 2022 | $136,356,446↑6% | $125,652,437↑4% | $163,284,076↓5% | — |
| 2021 | $128,117,710↑11% | $121,003,565↑13% | $171,246,695↑12% | — |
| 2020 | $115,022,151↑5% | $107,160,064↑1% | $153,437,720↑20% | — |
| 2019 | $109,713,952↑3% | $106,207,463↑3% | $127,472,858↑5% | — |
| 2018 | $106,695,322↓9% | $103,320,891↓1% | $121,413,736↓1% | — |
| 2017 | $117,712,552↑18% | $103,862,818↑6% | $122,483,716↑7% | — |
| 2016 | $99,376,767↑3% | $98,139,865↑6% | $114,734,631↑25% | — |
| 2015 | $96,216,531↓6% | $92,731,154↑1% | $91,949,596↓1% | — |
| 2014 | $102,736,516↑7% | $92,195,238↓2% | $92,699,277↑11% | — |
| 2013 | $95,621,469↑4% | $93,864,236↑6% | $83,151,564↓2% | — |
| 2012 | $92,230,758↑8% | $88,649,369↑7% | $85,105,756↑3% | — |
| 2011 | $85,646,577 | $82,749,501 | $82,524,477 | — |
Frequently Asked Questions
What does Lakewood Health System do?▼
Lakewood Health System is a health care nonprofit organization based in Minnesota. It is classified under NTEE code E21Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lakewood Health System financially healthy?▼
Based on our 9-metric Financial Health Score model, Lakewood Health System has a score of 72/100 (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 Lakewood Health System generate?▼
Lakewood Health System reports $162.9M in annual revenue and holds $206.8M in total assets, based on IRS filings.
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