Richfield Latch Key Child Care Center Inc
Richfield, Minnesota
B+Health Score
66B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$1.1M
Total Revenue
📊
$1.1M
Total Expenses
🏦
$666K
Net Assets
📋
$15K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-12.2%
Year-over-year change (2022 → 2023)
Net Margin
-0.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.61
Net assets divided by total expenses
Liabilities-to-Assets
2.3%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,092,128↓12% | $1,099,668↑10% | $681,084↓1% | — |
| 2022 | $1,243,282↑26% | $1,000,660↑7% | $687,371↑21% | — |
| 2021 | $987,314↓4% | $938,406↓2% | $568,975↑49% | — |
| 2020 | $1,026,888↓12% | $953,158↓31% | $381,755↑24% | — |
| 2019 | $1,161,887↓6% | $1,388,737↑5% | $308,025↓42% | — |
| 2018 | $1,232,574↑2% | $1,321,639↑2% | $534,875↓14% | — |
| 2017 | $1,203,344↓4% | $1,290,626↑5% | $623,940↓12% | — |
| 2016 | $1,250,797↑1% | $1,226,630↑8% | $711,222↑4% | — |
| 2015 | $1,241,082↑2% | $1,140,317↑8% | $687,055↑17% | — |
| 2014 | $1,218,051↑12% | $1,057,109↑5% | $586,290↑38% | — |
| 2013 | $1,084,761↑13% | $1,010,536↑15% | $425,348↑21% | — |
| 2012 | $956,997↑14% | $877,266↑9% | $351,123↑29% | — |
| 2011 | $842,678 | $804,398 | $271,392 | — |
Frequently Asked Questions
What does Richfield Latch Key Child Care Center Inc do?▼
Richfield Latch Key Child Care Center Inc is a human services nonprofit organization based in Minnesota. It is classified under NTEE code P33Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Richfield Latch Key Child Care Center Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Richfield Latch Key Child Care Center Inc.
How much revenue does Richfield Latch Key Child Care Center Inc generate?▼
Richfield Latch Key Child Care Center Inc reports $1.1M in annual revenue and holds $707K in total assets, based on IRS filings.
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