Southern Minnesota Initiative Foundation
Owatonna, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $5,876,900↓73% | $6,487,380↓61% | $69,745,601↑4% | |
| 2022 | $22,164,085↑11% | $16,755,144↑9% | $67,371,961↓9% | — |
| 2021 | $20,001,758↑579% | $15,336,325↑197% | $74,043,196↑23% | — |
| 2020 | $2,947,582↓69% | $5,158,273↓2% | $60,294,730↑7% | — |
| 2019 | $9,450,833↑10% | $5,283,087↑15% | $56,553,709↑1% | — |
| 2018 | $8,587,215↑8% | $4,583,965↓6% | $56,088,355↑15% | — |
| 2017 | $7,938,479↑37% | $4,891,201↑17% | $48,959,519↑12% | — |
| 2016 | $5,792,854↑31% | $4,172,164↑3% | $43,744,900↓2% | — |
| 2015 | $4,418,168↓17% | $4,039,697↑6% | $44,475,291↑1% | — |
| 2014 | $5,352,098↑1% | $3,810,282↓7% | $44,003,189↑10% | — |
| 2013 | $5,310,246↓30% | $4,101,732↑15% | $39,952,173↑8% | — |
| 2012 | $7,554,522↑51% | $3,552,670↓9% | $36,995,607↑7% | — |
| 2011 | $5,003,278 | $3,923,318 | $34,660,509 | — |
Frequently Asked Questions
What does Southern Minnesota Initiative Foundation do?▼
Southern Minnesota Initiative Foundation is a community improvement & capacity building nonprofit organization based in Minnesota. It is classified under NTEE code S300 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Southern Minnesota Initiative Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Southern Minnesota Initiative Foundation has a score of 67/100 (Grade: B+). 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 Southern Minnesota Initiative Foundation generate?▼
Southern Minnesota Initiative Foundation reports $8.4M in annual revenue and holds $75.9M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Community Improvement & Capacity Building category, or browse all nonprofits in Minnesota.