Brightwater Health
Duluth, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 3 peers in Mental Health & Crisis Intervention with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $23,173,816↓1% | $21,439,577↑7% | $20,098,228↑12% | — |
| 2022 | $23,328,417 | $19,945,234↑7% | $17,894,845↑22% | — |
| 2021 | $23,367,124↑19% | $18,636,377↑1% | $14,656,794↑27% | — |
| 2020 | $19,572,229↓7% | $18,368,453↓2% | $11,568,820↑64% | — |
| 2019 | $20,991,548↑15% | $18,656,185↑3% | $7,051,082↑24% | — |
| 2018 | $18,262,063↑9% | $18,109,574↑3% | $5,703,651↑4% | — |
| 2017 | $16,716,217↑3% | $17,629,443↑7% | $5,487,387↑28% | — |
| 2016 | $16,164,058↑4% | $16,448,458↑8% | $4,290,512↓3% | — |
| 2015 | $15,491,366↑7% | $15,217,483↑3% | $4,400,634↑21% | — |
| 2014 | $14,413,658 | $14,784,637↑3% | $3,648,351↓23% | — |
| 2013 | $14,375,329↑3% | $14,333,609↑2% | $4,714,604↓4% | — |
| 2012 | $13,916,986↑5% | $14,031,042↑1% | $4,929,571↑3% | — |
| 2011 | $13,270,989 | $13,956,825 | $4,794,078 | — |
Frequently Asked Questions
What does Brightwater Health do?▼
Brightwater Health is a mental health & crisis intervention nonprofit organization based in Minnesota. It is classified under NTEE code F31Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Brightwater Health financially healthy?▼
Based on our 9-metric Financial Health Score model, Brightwater Health has a score of 74/100 (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 Brightwater Health generate?▼
Brightwater Health reports $25.8M in annual revenue and holds $22.1M in total assets, based on IRS filings.
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