Lake Region Corporation
Devils Lake, North Dakota
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 111 peers in Unclassified 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 | $9,193,984↓3% | $8,872,371↑10% | $5,175,455↑11% | |
| 2022 | $9,506,457↑27% | $8,078,857↑14% | $4,659,780↑12% | — |
| 2021 | $7,505,142↑7% | $7,104,973↑11% | $4,164,941↑73% | — |
| 2020 | $7,027,981↑15% | $6,418,899↑20% | $2,405,224↑19% | — |
| 2019 | $6,120,046↑38% | $5,371,246↑20% | $2,017,370↑22% | — |
| 2018 | $4,444,385↑6% | $4,473,039↑5% | $1,651,250↑27% | — |
| 2017 | $4,191,537↓3% | $4,248,081↓1% | $1,304,617↓4% | — |
| 2016 | $4,316,997↑2% | $4,279,553↑3% | $1,353,486↑15% | — |
| 2015 | $4,224,573↑5% | $4,163,715↑3% | $1,179,284↑7% | — |
| 2014 | $4,018,562↑10% | $4,048,412↑11% | $1,101,207↓5% | — |
| 2013 | $3,652,770↑3% | $3,639,401↓3% | $1,159,306↓1% | — |
| 2012 | $3,531,333↑5% | $3,750,655↑9% | $1,174,580↑1% | — |
| 2011 | $3,364,761 | $3,453,577 | $1,168,326 | — |
Frequently Asked Questions
What does Lake Region Corporation do?▼
Lake Region Corporation is a unclassified nonprofit organization based in North Dakota. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lake Region Corporation financially healthy?▼
Based on our 9-metric Financial Health Score model, Lake Region Corporation has a score of 76/100 (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 Region Corporation generate?▼
Lake Region Corporation reports $10.4M in annual revenue and holds $6.1M in total assets, based on IRS filings.
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