Spring Point Project
Minneapolis, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $3,706,775โ18% | $3,249,439โ4% | $8,268,932โ9% | |
| 2022 | $3,148,339โ11% | $3,131,159โ2% | $7,612,511 | โ |
| 2021 | $3,545,828โ26% | $3,066,219โ14% | $7,600,073โ4% | โ |
| 2020 | $2,816,791โ9% | $2,687,711โ14% | $7,281,816โ5% | โ |
| 2019 | $2,591,728โ14% | $2,355,956โ27% | $6,939,122โ3% | โ |
| 2018 | $3,022,235โ27% | $1,861,986โ16% | $6,761,155โ6% | โ |
| 2017 | $2,371,564โ11% | $1,602,364โ8% | $7,155,905โ5% | โ |
| 2016 | $2,142,137โ49% | $1,482,541โ8% | $6,789,207โ5% | โ |
| 2015 | $4,222,428โ137% | $1,608,216โ4% | $7,111,307โ3% | โ |
| 2014 | $1,779,019โ104% | $1,549,902โ6% | $6,870,877โ17% | โ |
| 2013 | $872,270โ37% | $1,647,748โ9% | $5,882,959โ14% | โ |
| 2012 | $1,386,077โ11% | $1,812,704โ29% | $6,817,308โ8% | โ |
| 2011 | $1,555,557 | $2,562,586 | $7,403,865 | โ |
Frequently Asked Questions
What does Spring Point Project do?โผ
Spring Point Project is a medical research nonprofit organization based in Minnesota. It is classified under NTEE code H80 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Spring Point Project financially healthy?โผ
Based on our 9-metric Financial Health Score model, Spring Point Project has a score of 77/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Spring Point Project generate?โผ
Spring Point Project reports $4.0M in annual revenue and holds $9.4M in total assets, based on IRS filings.
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