Lakes Area Builders Assoc
Detroit Lakes, Minnesota
B+Health Score
71B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$99K
Total Revenue
📊
$84K
Total Expenses
🏦
$149K
Net Assets
📋
$4K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-6.9%
Year-over-year change (2022 → 2023)
Net Margin
+14.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.77
Net assets divided by total expenses
Liabilities-to-Assets
2.5%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $98,970↓7% | $84,223↓7% | $152,865↑11% | — |
| 2022 | $106,358↑138% | $90,084↑83% | $138,153↓1% | — |
| 2021 | $44,595↑428% | $49,239↑17% | $140,118↓3% | — |
| 2020 | -$13,593↓121% | $41,983↓30% | $143,955↓22% | — |
| 2019 | $64,203↓2% | $59,842↑3% | $185,139↑4% | — |
| 2018 | $65,590↓25% | $57,955↑7% | $177,196↑5% | — |
| 2017 | $87,463↓7% | $54,273↓3% | $169,389↑20% | — |
| 2016 | $94,517↑19% | $56,217↓11% | $141,740↑39% | — |
| 2015 | $79,339↓3% | $63,190↑10% | $101,727↑10% | — |
| 2014 | $81,569↑13% | $57,545↓7% | $92,749↑76% | — |
| 2013 | $72,345↓26% | $62,210↓24% | $52,834↑36% | — |
| 2012 | $98,328↑69% | $82,326↑47% | $38,936↑47% | — |
| 2011 | $58,179 | $55,825 | $26,515 | — |
Frequently Asked Questions
What does Lakes Area Builders Assoc do?▼
Lakes Area Builders Assoc 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 Lakes Area Builders Assoc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Lakes Area Builders Assoc.
How much revenue does Lakes Area Builders Assoc generate?▼
Lakes Area Builders Assoc reports $99K in annual revenue and holds $153K in total assets, based on IRS filings.
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