H — Medical 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$3,706,775↑18%$3,249,439↑4%$8,268,932↑9%
2022$3,148,339↓11%$3,131,159↑2%$7,612,511
2021$3,545,828↑26%$3,066,219↑14%$7,600,073↑4%
2020$2,816,791↑9%$2,687,711↑14%$7,281,816↑5%
2019$2,591,728↓14%$2,355,956↑27%$6,939,122↑3%
2018$3,022,235↑27%$1,861,986↑16%$6,761,155↓6%
2017$2,371,564↑11%$1,602,364↑8%$7,155,905↑5%
2016$2,142,137↓49%$1,482,541↓8%$6,789,207↓5%
2015$4,222,428↑137%$1,608,216↑4%$7,111,307↑3%
2014$1,779,019↑104%$1,549,902↓6%$6,870,877↑17%
2013$872,270↓37%$1,647,748↓9%$5,882,959↓14%
2012$1,386,077↓11%$1,812,704↓29%$6,817,308↓8%
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 $4.0M in annual revenue and holds $9.4M in total assets, based on IRS filings.

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