Rice County Mutual Insurance Company
Faribault, Minnesota
A-Health Score
79A-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Very Good
💰
$462K
Total Revenue
📊
$404K
Total Expenses
🏦
$4.4M
Net Assets
📋
$194K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+44.1%
Year-over-year change (2022 → 2023)
Net Margin
+12.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
10.76
Net assets divided by total expenses
Liabilities-to-Assets
4.3%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $461,744↑44% | $404,430↑65% | $4,546,259↑3% | |
| 2022 | $320,407↓3% | $244,813↑7% | $4,428,534↑2% | — |
| 2021 | $329,820↑9% | $229,416↓16% | $4,330,751↑2% | — |
| 2020 | $302,167↓6% | $272,789↑36% | $4,241,470↑1% | — |
| 2019 | $320,575↓18% | $200,390↑7% | $4,196,149↑4% | — |
| 2018 | $393,171↑3% | $187,619↓29% | $4,046,743↑4% | — |
| 2017 | $382,610↓8% | $263,581↓10% | $3,906,918↑3% | — |
| 2016 | $415,736↑3% | $292,838↑21% | $3,806,181↑4% | — |
| 2015 | $403,295↑1% | $242,607↓15% | $3,670,211↑3% | — |
| 2014 | $399,483↓7% | $285,384↑7% | $3,553,496↑4% | — |
| 2013 | $429,956↓4% | $265,762↑12% | $3,424,037↑5% | — |
| 2012 | $448,878↓1% | $236,636↓19% | $3,247,971↑7% | — |
| 2011 | $454,464 | $293,489 | $3,033,086 | — |
Frequently Asked Questions
What does Rice County Mutual Insurance Company do?▼
Rice County Mutual Insurance Company is a unclassified nonprofit organization based in Minnesota. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Rice County Mutual Insurance Company financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Rice County Mutual Insurance Company.
How much revenue does Rice County Mutual Insurance Company generate?▼
Rice County Mutual Insurance Company reports $388K in annual revenue and holds $4.6M in total assets, based on IRS filings.
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