U โ€” Science & TechnologyEIN: 462632398ยท Ruling Year: 2015

Hourglass

Chanhassen, Minnesota

BHealth Score
64B

Financial Health Score

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

Above Average

๐Ÿ’ฐ
$2.5M
Total Revenue
๐Ÿ“Š
$2.3M
Total Expenses
๐Ÿฆ
$793K
Net Assets
๐Ÿ“‹
$636K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+46.2%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+8.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.35
Net assets divided by total expenses
Liabilities-to-Assets
44.5%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$2,501,007โ†‘46%$2,297,130โ†‘89%$1,428,862โ†‘7%
2022$1,710,702โ†‘240%$1,213,591โ†‘44%$1,334,767โ†‘57%
2021$503,448โ†‘5200%$841,046โ†‘294%$848,382โ†“15%
2020$9,499โ†“99%$213,603โ†“89%$1,000,555โ†“51%
2019$1,015,676โ†“53%$2,027,500โ†‘64%$2,040,517โ†‘21%
2018$2,159,219โ†‘64%$1,234,393โ†‘39%$1,686,400โ†‘128%
2017$1,317,692โ†‘112%$888,134โ†‘64%$740,914โ†“4%
2016$621,523โ†‘10%$540,273โ†‘31%$769,990โ†‘235%
2015$567,523โ†‘98%$413,096โ†‘91%$230,163โ†‘199%
2014$286,195$216,641$77,091

Frequently Asked Questions

What does Hourglass do?โ–ผ

Hourglass is a science & technology nonprofit organization based in Minnesota. It is classified under NTEE code U03 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Hourglass financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Hourglass has a score of 64/100 (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 Hourglass generate?โ–ผ

Hourglass reports $3.1M in annual revenue and holds $2.7M in total assets, based on IRS filings.

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Hourglass โ€” Chanhassen, MN | GiveScope