EHealth CareEIN: 454109041· Ruling Year: 2014

Ridgeview Insurance Company

Waconia, Minnesota

B+Health Score
67B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 2 peers in Health Care with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.95×
Peer Median29.34×
💰
$681K
Total Revenue
📊
$5.8M
Total Expenses
🏦
$11.2M
Net Assets
📋
$847K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-88.7%
Year-over-year change (2022 → 2023)
Net Margin
-747.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.95
Net assets divided by total expenses
Liabilities-to-Assets
7.0%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2023$680,96189%$5,771,64851%$12,090,89828%
2022$6,005,3206%$3,831,4855%$16,773,9036%
2021$5,649,27411%$3,663,81850%$15,758,17423%
2020$5,096,67411%$2,444,98322%$12,812,61835%
2019$4,605,52614%$3,131,24154%$9,472,2299%
2018$4,033,42012%$2,035,89813%$8,666,51032%
2017$3,586,46415%$2,333,82646%$6,546,06736%
2016$3,121,52010%$4,343,790254%$4,829,51215%
2015$2,845,97312%$1,225,69727%$5,700,99233%
2014$3,224,92134%$1,682,50277%$4,279,60194%
2013$2,412,000$951,771$2,202,084

Frequently Asked Questions

What does Ridgeview Insurance Company do?

Ridgeview Insurance Company is a health care nonprofit organization based in Minnesota. It is classified under NTEE code E800 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Ridgeview Insurance Company financially healthy?

Based on our 9-metric Financial Health Score model, Ridgeview Insurance Company has a score of 67/100 (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 Ridgeview Insurance Company generate?

Ridgeview Insurance Company reports $7.6M in annual revenue and holds $15.4M in total assets, based on IRS filings.

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