ZUnclassifiedEIN: 411448392· Ruling Year: 1983

Northwood Foundation

Duluth, Minnesota

B+Health Score
67B+

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 22 peers in Unclassified with $1M-$10M revenue

💰
$805K
Total Revenue
📊
$56K
Total Expenses
🏦
$23.8M
Net Assets
📋
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-2.4%
Year-over-year change (2022 → 2023)
Net Margin
+93.1%
Revenue minus expenses as % of revenue

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$804,7592%$55,8791%$23,771,33113%
2022$824,83217%$55,0676%$20,968,77714%
2021$998,62278%$58,67033%$24,321,77311%
2020$4,578,303835%$44,02815%$21,940,59236%
2019$489,42515%$38,2885%$16,114,34917%
2018$574,99210%$36,3806%$13,734,5083%
2017$639,57353%$34,34910%$14,209,60613%
2016$419,3676%$31,1132%$12,610,4387%
2015$396,59319%$30,5083%$11,829,649
2014$489,64761%$29,60311%$11,843,4416%
2013$304,39183%$26,77223%$11,167,37713%
2012$1,821,52149%$21,77221%$9,922,94829%
2011$1,225,019$18,006$7,674,030

Frequently Asked Questions

What does Northwood Foundation do?

Northwood Foundation 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 Northwood Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Northwood Foundation has a score of 67/100 (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 Northwood Foundation generate?

Northwood Foundation reports $1.2M in annual revenue and holds $26.7M in total assets, based on IRS filings.

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