Lake Area Discovery Center
White Bear Lk, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 73 peers in Education with $10M-$100M 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 | $9,456,295↓11% | $10,167,877↑16% | $3,335,807↓17% | — |
| 2022 | $10,607,874↑38% | $8,756,885↑46% | $4,010,452↑41% | — |
| 2021 | $7,699,616↑44% | $6,012,060↑4% | $2,847,181↑160% | — |
| 2020 | $5,364,317↓7% | $5,760,796↑3% | $1,094,677↑52% | — |
| 2019 | $5,771,635↑13% | $5,595,611↑14% | $718,585↑20% | — |
| 2018 | $5,121,546↑16% | $4,929,330↑14% | $599,164↑63% | — |
| 2017 | $4,424,822↑46% | $4,325,882↑42% | $366,906↑91% | — |
| 2016 | $3,040,231↑43% | $3,043,454↑45% | $192,431↑49% | — |
| 2015 | $2,121,054↑32% | $2,094,095↑36% | $129,246↑40% | — |
| 2014 | $1,607,435↑17% | $1,540,701↑12% | $92,500↑189% | — |
| 2013 | $1,370,322↑40% | $1,378,628↑38% | $32,015↑6% | — |
| 2012 | $979,137↑14% | $1,000,402↑15% | $30,190↓18% | — |
| 2011 | $855,825 | $871,659 | $36,863 | — |
Frequently Asked Questions
What does Lake Area Discovery Center do?▼
Lake Area Discovery Center is a education nonprofit organization based in Minnesota. It is classified under NTEE code B21 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lake Area Discovery Center financially healthy?▼
Based on our 9-metric Financial Health Score model, Lake Area Discovery Center has a score of 77/100 (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 Lake Area Discovery Center generate?▼
Lake Area Discovery Center reports $12.1M in annual revenue and holds $3.1M in total assets, based on IRS filings.