Groves Academy
St Louis Park, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Excellent
How This Organization Compares
Compared to 73 peers in Education with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $32,638,289↑92% | $16,378,635↑3% | $38,093,042↑79% | — |
| 2022 | $17,013,075↓3% | $15,936,426↑6% | $21,306,293↓22% | — |
| 2021 | $17,504,895↑25% | $14,994,724↑11% | $27,486,120↑10% | — |
| 2020 | $14,018,129↑9% | $13,462,634↑3% | $24,982,095↑8% | — |
| 2019 | $12,902,493↑8% | $13,032,121↑9% | $23,114,510↑2% | — |
| 2018 | $11,988,517↑10% | $11,988,018↑8% | $22,594,799↑6% | — |
| 2017 | $10,886,079↑12% | $11,056,355↑13% | $21,254,496↑3% | — |
| 2016 | $9,760,161↑12% | $9,783,165↑10% | $20,697,657↑3% | — |
| 2015 | $8,715,127↑6% | $8,858,664↑1% | $20,092,893↑1% | — |
| 2014 | $8,215,148↑2567% | $8,794,158↑944% | $19,915,175↓1% | — |
| 2013 | $308,084↓96% | $842,656↓89% | $20,168,263↑19% | — |
| 2013 | $7,855,953↑8% | $8,005,311↑4% | $17,009,367↑5% | — |
| 2012 | $7,277,134↑14% | $7,682,187↑11% | $16,242,311↓3% | — |
| 2011 | $6,392,281 | $6,913,573 | $16,688,450 | — |
Frequently Asked Questions
What does Groves Academy do?▼
Groves Academy is a education nonprofit organization based in Minnesota. It is classified under NTEE code B280 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Groves Academy financially healthy?▼
Based on our 9-metric Financial Health Score model, Groves Academy has a score of 92/100 (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 Groves Academy generate?▼
Groves Academy reports $19.3M in annual revenue and holds $42.2M in total assets, based on IRS filings.