Grand Rapids Area Library Foundation
Grand Rapids, Minnesota
B+Health Score
69B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
How This Organization Compares
Compared to 2 peers in Education with <$100K revenue
💰
$43K
Total Revenue
📊
$35K
Total Expenses
🏦
$163K
Net Assets
📋
N/A
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+56.7%
Year-over-year change (2021 → 2022)
Net Margin
+19.6%
Revenue minus expenses as % of revenue
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2022 | $43,120↑57% | $34,679↑685% | $163,458↑4% | |
| 2021 | $27,509↑451% | $4,415↓39% | $157,489↑17% | — |
| 2020 | $4,993↓83% | $7,244↓71% | $134,395↓2% | — |
| 2019 | $29,388↑311% | $24,764↑57% | $136,646↑4% | — |
| 2018 | $7,148↓91% | $15,770↓29% | $132,022↓6% | — |
| 2017 | $79,672↑231% | $22,247↓44% | $140,644↑69% | — |
| 2016 | $24,070↓14% | $39,425↑373% | $83,413↓15% | — |
| 2015 | $27,891↓76% | $8,334↓92% | $98,578↑24% | — |
| 2014 | $113,881↑275% | $100,803↑69% | $79,689↑19% | — |
| 2013 | $30,370↓47% | $59,774↑101% | $66,980↓31% | — |
| 2012 | $57,494↑255% | $29,698↑177% | $97,489↑39% | — |
| 2011 | $16,210 | $10,732 | $70,220 | — |
Frequently Asked Questions
What does Grand Rapids Area Library Foundation do?▼
Grand Rapids Area Library Foundation is a education nonprofit organization based in Minnesota. It is classified under NTEE code B80 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Grand Rapids Area Library Foundation financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Grand Rapids Area Library Foundation.
How much revenue does Grand Rapids Area Library Foundation generate?▼
Revenue data for Grand Rapids Area Library Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.