HMedical ResearchEIN: 201896813· Ruling Year: 2005

Spring Point Project

Minneapolis, Minnesota

A-Health Score
77A-

Financial Health Score

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

Very Good

💰
$3.7M
Total Revenue
📊
$3.2M
Total Expenses
🏦
$7.8M
Net Assets
📋
$432K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+17.7%
Year-over-year change (2022 → 2023)
Net Margin
+12.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.41
Net assets divided by total expenses
Liabilities-to-Assets
5.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,706,77518%$3,249,4394%$8,268,9329%
2022$3,148,33911%$3,131,1592%$7,612,511
2021$3,545,82826%$3,066,21914%$7,600,0734%
2020$2,816,7919%$2,687,71114%$7,281,8165%
2019$2,591,72814%$2,355,95627%$6,939,1223%
2018$3,022,23527%$1,861,98616%$6,761,1556%
2017$2,371,56411%$1,602,3648%$7,155,9055%
2016$2,142,13749%$1,482,5418%$6,789,2075%
2015$4,222,428137%$1,608,2164%$7,111,3073%
2014$1,779,019104%$1,549,9026%$6,870,87717%
2013$872,27037%$1,647,7489%$5,882,95914%
2012$1,386,07711%$1,812,70429%$6,817,3088%
2011$1,555,557$2,562,586$7,403,865

Frequently Asked Questions

What does Spring Point Project do?

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?

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?

Spring Point Project reports $3.7M in annual revenue and holds $8.3M in total assets, based on IRS filings.

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