S โ€” Community Improvement & Capacity BuildingEIN: 204208381ยท Ruling Year: 2020

Heartland Lakes Development Commission

Park Rapids, Minnesota

BHealth Score
59B

Financial Health Score

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

Above Average

๐Ÿ’ฐ
$922K
Total Revenue
๐Ÿ“Š
$589K
Total Expenses
๐Ÿฆ
$966K
Net Assets
๐Ÿ“‹
$2.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+142.9%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+36.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.64
Net assets divided by total expenses
Liabilities-to-Assets
68.5%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$922,283โ†‘143%$588,572โ†‘67%$3,070,645โ†‘505%
2022$379,772โ†“49%$351,438โ†“38%$507,422โ†‘20%
2021$742,491โ†“64%$568,364โ†“71%$422,634โ†‘16%
2020$2,038,493โ†‘1336%$1,939,901โ†‘1375%$363,518โ†‘517%
2018$141,975โ†“5%$131,532โ†“12%$58,877โ†‘1%
2017$149,212โ†“5%$149,421โ†“3%$58,552โ†“1%
2016$157,015โ†‘9%$154,378โ†‘9%$59,104โ†‘18%
2015$144,630โ†‘9%$141,815โ†‘8%$50,107โ†‘7%
2014$132,500โ†‘3%$131,307โ†‘5%$46,690โ†‘4%
2013$129,000โ†“50%$125,643โ†“45%$44,742โ†“33%
2012$259,597โ†‘94%$228,588โ†‘74%$66,335โ†‘252%
2011$134,055$131,174$18,840

Frequently Asked Questions

What does Heartland Lakes Development Commission do?โ–ผ

Heartland Lakes Development Commission is a community improvement & capacity building nonprofit organization based in Minnesota. It is classified under NTEE code S41 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Heartland Lakes Development Commission financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Heartland Lakes Development Commission.

How much revenue does Heartland Lakes Development Commission generate?โ–ผ

Heartland Lakes Development Commission reports $888K in annual revenue and holds $6.8M in total assets, based on IRS filings.

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Heartland Lakes Development Commission โ€” Park Rapids, MN | GiveScope