S โ€” Community Improvement & Capacity BuildingEIN: 851408916ยท Ruling Year: 2021

Park Rapids Downtown Business Association

Park Rapids, Minnesota

BHealth Score
61B

Financial Health Score

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

Above Average

๐Ÿ’ฐ
$93K
Total Revenue
๐Ÿ“Š
$69K
Total Expenses
๐Ÿฆ
$66K
Net Assets
๐Ÿ“‹
$1
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+11.5%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+25.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.95
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

4 filings on record
YearRevenueExpensesAssets
2023$92,838โ†‘12%$69,148โ†“25%$65,705โ†‘26%
2022$83,262โ†“7%$92,597โ†‘7%$52,059โ†“12%
2021$89,077โ†‘20%$86,295โ†‘67%$58,926โ†‘21%
2020$74,395$51,538$48,569

Frequently Asked Questions

What does Park Rapids Downtown Business Association do?โ–ผ

Park Rapids Downtown Business Association is a community improvement & capacity building nonprofit organization based in Minnesota. It is classified under NTEE code S20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Park Rapids Downtown Business Association financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Park Rapids Downtown Business Association.

How much revenue does Park Rapids Downtown Business Association generate?โ–ผ

Revenue data for Park Rapids Downtown Business Association is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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Park Rapids Downtown Business Association โ€” Park Rapids, MN | GiveScope