Inspire Innovation Lab
Moorhead, Minnesota
BHealth Score
60B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$391K
Total Revenue
📊
$383K
Total Expenses
🏦
$17K
Net Assets
📋
$21K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+35.3%
Year-over-year change (2022 → 2023)
Net Margin
+2.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.04
Net assets divided by total expenses
Liabilities-to-Assets
55.3%
Total liabilities as % of total assets
Filing History
8 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $391,434↑35% | $383,244↑40% | $38,316↑11% | — |
| 2022 | $289,326↑42% | $273,186↑32% | $34,551↑139% | — |
| 2021 | $203,844↑37% | $207,217↑19% | $14,458↑3% | — |
| 2020 | $149,240↓18% | $174,194↑3% | $14,069↓37% | — |
| 2019 | $182,631↑34% | $168,704↑12% | $22,400↑211% | — |
| 2018 | $136,311↓10% | $151,091↑33% | $7,196↓90% | — |
| 2017 | $150,996↑80% | $113,601↑94% | $72,577↑106% | — |
| 2016 | $83,718 | $58,647 | $35,184 | — |
Frequently Asked Questions
What does Inspire Innovation Lab do?▼
Inspire Innovation Lab is a education nonprofit organization based in Minnesota. It is classified under NTEE code B90 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Inspire Innovation Lab financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Inspire Innovation Lab.
How much revenue does Inspire Innovation Lab generate?▼
Inspire Innovation Lab reports $401K in annual revenue and holds $18K in total assets, based on IRS filings.