58 Hoops
Red Wing, Minnesota
B-Health Score
54B-
Financial Health Score
Provisional8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
๐ฐ
$16K
Total Revenue
๐
$14K
Total Expenses
๐ฆ
$3K
Net Assets
๐
$1
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+52.6%
Year-over-year change (2022 โ 2023)
Net Margin
+10.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.22
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets
Filing History
2 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $16,169โ53% | $14,437โ58% | $3,213โ117% | |
| 2022 | $10,595 | $9,114 | $1,481 | โ |
Frequently Asked Questions
What does 58 Hoops do?โผ
58 Hoops is a recreation & sports nonprofit organization based in Minnesota. It is classified under NTEE code N62 and is registered as a 501(c) tax-exempt organization with the IRS.
Is 58 Hoops financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for 58 Hoops.
How much revenue does 58 Hoops generate?โผ
Revenue data for 58 Hoops is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.
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