ZUnclassifiedEIN: 450410198· Ruling Year: 1991

Grand Forks Region Economic Development Corporation

Grand Forks, North Dakota

BHealth Score
57B

Financial Health Score

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

Above Average

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.89×
Peer Median15.40×
💰
$1.1M
Total Revenue
📊
$1.1M
Total Expenses
🏦
$955K
Net Assets
📋
$391K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+6.3%
Year-over-year change (2022 → 2023)
Net Margin
+0.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.89
Net assets divided by total expenses
Liabilities-to-Assets
29.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,073,1946%$1,073,14612%$1,346,75314%
2022$1,009,8955%$954,36821%$1,184,9003%
2021$963,3292%$1,213,19741%$1,227,5392%
2020$981,4298%$860,3296%$1,207,37715%
2019$908,2337%$919,84312%$1,052,1311%
2018$977,6267%$824,4383%$1,067,05216%
2017$914,4004%$851,198$922,6847%
2016$879,1255%$851,6246%$864,02623%
2015$924,4226%$801,4134%$1,115,58912%
2014$872,0194%$831,03511%$995,3763%
2013$835,8342%$749,7874%$967,05510%
2012$815,696130%$780,1976%$879,0205%
2011-$2,744,715$735,517$837,577

Frequently Asked Questions

What does Grand Forks Region Economic Development Corporation do?

Grand Forks Region Economic Development 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 Grand Forks Region Economic Development Corporation financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Grand Forks Region Economic Development Corporation.

How much revenue does Grand Forks Region Economic Development Corporation generate?

Grand Forks Region Economic Development Corporation reports $1.5M in annual revenue and holds $1.5M in total assets, based on IRS filings.

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