Fairmont Area Chamber Of Commerce
Fairmont, Minnesota
BHealth Score
62B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$310K
Total Revenue
📊
$284K
Total Expenses
🏦
$230K
Net Assets
📋
$72K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-5.8%
Year-over-year change (2022 → 2023)
Net Margin
+8.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.81
Net assets divided by total expenses
Liabilities-to-Assets
23.8%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $309,547↓6% | $284,014↑4% | $301,586 | |
| 2022 | $328,465↓2% | $273,659↓4% | $301,016↑13% | — |
| 2021 | $333,743↑49% | $285,878↑22% | $267,116↑19% | — |
| 2020 | $223,562↓19% | $233,561↓20% | $224,934↓1% | — |
| 2019 | $275,082↓5% | $290,371↓1% | $226,514↑14% | — |
| 2018 | $290,599↑3% | $293,313↑5% | $199,562↑1% | — |
| 2017 | $282,692↑15% | $278,199↑10% | $198,315↓7% | — |
| 2016 | $246,045↓7% | $252,917↑2% | $213,074↑2% | — |
| 2015 | $264,469↑1% | $248,797↓5% | $209,748↑8% | — |
| 2014 | $260,855↓6% | $263,133↓3% | $194,030↓18% | — |
| 2013 | $276,967↓1% | $270,231↑12% | $237,721↑12% | — |
| 2012 | $280,380↑17% | $241,284↑5% | $213,099↑6% | — |
| 2011 | $238,693 | $230,044 | $200,986 | — |
Frequently Asked Questions
What does Fairmont Area Chamber Of Commerce do?▼
Fairmont Area Chamber Of Commerce 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 Fairmont Area Chamber Of Commerce financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Fairmont Area Chamber Of Commerce.
How much revenue does Fairmont Area Chamber Of Commerce generate?▼
Fairmont Area Chamber Of Commerce reports $268K in annual revenue and holds $315K in total assets, based on IRS filings.
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