New Millennium Academy
Brooklyn Ctr, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Below Average
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 | $14,094,949↓1% | $14,130,041↓4% | $10,768,345↑4% | |
| 2022 | $14,190,850↑3% | $14,717,633↑24% | $10,314,612↑9% | — |
| 2021 | $13,749,517↑26% | $11,853,980↑10% | $9,494,362 | — |
| 2020 | $10,911,259↑8% | $10,822,630↑5% | $9,467,579↓3% | — |
| 2019 | $10,104,326↑2% | $10,285,110↓14% | $9,748,155↓14% | — |
| 2018 | $9,942,751↑5% | $11,929,618↑15% | $11,326,382↑113% | — |
| 2017 | $9,435,106↑14% | $10,378,036↑31% | $5,314,104↑11% | — |
| 2016 | $8,268,380↑20% | $7,932,053↑14% | $4,800,810↑22% | — |
| 2015 | $6,889,488↑11% | $6,943,584↑12% | $3,937,218↓2% | — |
| 2014 | $6,229,075↓6% | $6,197,240↑4% | $3,998,071↑3% | — |
| 2013 | $6,628,573↑15% | $5,934,379↑9% | $3,877,872↑25% | — |
| 2012 | $5,748,501↑12% | $5,444,212↑20% | $3,107,195↑14% | — |
| 2011 | $5,133,924 | $4,543,086 | $2,719,244 | — |
Frequently Asked Questions
What does New Millennium Academy do?▼
New Millennium Academy is a education nonprofit organization based in Minnesota. It is classified under NTEE code B20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is New Millennium Academy financially healthy?▼
Based on our 9-metric Financial Health Score model, New Millennium Academy has a score of 40/100 (Grade: C). 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 New Millennium Academy generate?▼
New Millennium Academy reports $15.5M in annual revenue and holds $10.5M in total assets, based on IRS filings.