Spartan Innovation Building Corporation
Brooklyn Park, Minnesota
B-Health Score
51B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
This Org-0.38×
Peer Median20.77×
💰
$2.0M
Total Revenue
📊
$1.8M
Total Expenses
🏦
-$685K
Net Assets
📋
$24.3M
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+4.4%
Year-over-year change (2022 → 2023)
Net Margin
+10.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.38
Net assets divided by total expenses
Liabilities-to-Assets
102.9%
Total liabilities as % of total assets
Filing History
9 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,997,259↑4% | $1,791,358↓2% | $23,633,304↓1% | |
| 2022 | $1,913,435 | $1,823,358↓1% | $23,842,390↓2% | — |
| 2021 | $1,915,323↓1% | $1,833,483↓1% | $24,208,465↓2% | — |
| 2020 | $1,942,676 | $1,849,685↓3% | $24,585,458↓2% | — |
| 2019 | $1,948,095↓1% | $1,900,540↓2% | $25,056,135↓1% | — |
| 2018 | $1,958,213↑12% | $1,936,213↑9% | $25,365,848↓1% | — |
| 2017 | $1,744,523↑138% | $1,771,537↓8% | $25,558,687↓1% | — |
| 2016 | $731,943 | $1,929,974 | $25,688,520↑2568851900% | — |
| 2015 | $0 | $0 | $1 | — |
Frequently Asked Questions
What does Spartan Innovation Building Corporation do?▼
Spartan Innovation Building Corporation is a education nonprofit organization based in Minnesota. It is classified under NTEE code B11 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Spartan Innovation Building Corporation financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Spartan Innovation Building Corporation.
How much revenue does Spartan Innovation Building Corporation generate?▼
Spartan Innovation Building Corporation reports $2.1M in annual revenue and holds $23.3M in total assets, based on IRS filings.