J — EmploymentEIN: 421279294· Ruling Year: 1988

First Resources Corp

Sigourney, Iowa

BHealth Score
60B

Financial Health Score

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

Above Average

How This Organization Compares

Compared to 4 peers in Employment with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.37×
Peer Median4.74×
💰
$15.4M
Total Revenue
📊
$15.4M
Total Expenses
🏦
$5.7M
Net Assets
📋
$3.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-1.0%
Year-over-year change (2023 → 2024)
Net Margin
+0.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.37
Net assets divided by total expenses
Liabilities-to-Assets
37.1%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$15,384,714↓1%$15,353,852↓3%$8,986,613↓12%
2023$15,536,430↓2%$15,760,442↑7%$10,206,154↑9%
2022$15,811,214↑4%$14,793,682↓1%$9,340,910↑10%
2021$15,224,087↑71%$14,993,047↑64%$8,485,661↑68%
2020$8,884,761↓7%$9,116,483↓2%$5,064,522↑22%
2019$9,523,005↑1%$9,264,083↓2%$4,160,662↑4%
2018$9,413,324↓6%$9,470,864↓4%$3,993,304↓9%
2017$9,990,299↓3%$9,859,041$4,370,166↑1%
2016$10,288,142↑26%$9,838,475↑17%$4,326,584↑15%
2015$8,180,706↓1%$8,393,126↑3%$3,746,363↑1%
2014$8,291,587↑14%$8,184,746↑15%$3,714,338↑10%
2013$7,284,861↑5%$7,122,360↑5%$3,362,065↑6%
2012$6,946,019↑7%$6,764,730↑4%$3,170,739↑6%
2011$6,511,870$6,501,635$2,987,214

Frequently Asked Questions

What does First Resources Corp do?▼

First Resources Corp is a employment nonprofit organization based in Iowa. It is classified under NTEE code J30Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is First Resources Corp financially healthy?▼

Based on our 9-metric Financial Health Score model, First Resources Corp has a score of 60/100 (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 First Resources Corp generate?▼

First Resources Corp reports $15.9M in annual revenue and holds $8.0M in total assets, based on IRS filings.

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