PHuman ServicesEIN: 410955577· Ruling Year: 1970

Canvas Health Inc

Oakdale, Minnesota

A-Health Score
79A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 15 peers in Human Services with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.48×
Peer Median7.39×
💰
$27.6M
Total Revenue
📊
$25.8M
Total Expenses
🏦
$12.5M
Net Assets
📋
$3.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+23.3%
Year-over-year change (2022 → 2023)
Net Margin
+6.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.48
Net assets divided by total expenses
Liabilities-to-Assets
23.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$27,616,70023%$25,770,49525%$16,320,22022%
2022$22,398,93338%$20,690,40922%$13,363,68918%
2021$16,271,12013%$16,975,3944%$11,355,1584%
2020$18,728,7679%$17,703,2133%$11,775,06516%
2019$17,122,8883%$17,165,5641%$10,159,5791%
2018$16,547,5337%$17,312,1795%$10,086,49210%
2017$17,721,8702%$18,177,8752%$11,165,1835%
2016$18,105,9939%$18,511,16311%$11,750,096
2015$16,652,5035%$16,659,2875%$11,807,4491%
2014$15,799,1024%$15,848,1022%$11,734,513
2013$15,123,2893%$16,129,3751%$11,775,8468%
2012$15,620,4862%$16,260,572$12,740,2824%
2011$15,321,414$16,267,304$13,292,620

Frequently Asked Questions

What does Canvas Health Inc do?

Canvas Health Inc is a human services nonprofit organization based in Minnesota. It is classified under NTEE code P200 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Canvas Health Inc financially healthy?

Based on our 9-metric Financial Health Score model, Canvas Health Inc has a score of 79/100 (Grade: A-). 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 Canvas Health Inc generate?

Canvas Health Inc reports $30.5M in annual revenue and holds $18.3M in total assets, based on IRS filings.

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Canvas Health Inc — Oakdale, MN | GiveScope