The Northwest Minnesota Foundation
Bemidji, Minnesota
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 9 peers in Public & Societal Benefit with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
11 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $7,810,635↓60% | $8,791,846↓14% | $96,817,979↑5% | — |
| 2022 | $19,432,128↑69% | $10,217,253↑6% | $91,824,995↓6% | — |
| 2021 | $11,498,947↑51% | $9,615,039↑34% | $98,196,551↑18% | — |
| 2020 | $7,618,123↓15% | $7,174,697 | $83,430,885↑5% | — |
| 2019 | $8,970,860↓2% | $7,139,073↑24% | $79,827,885↑7% | — |
| 2018 | $9,143,161↑32% | $5,741,869↑11% | $74,567,715↑16% | — |
| 2016 | $6,947,268↓31% | $5,166,682↓12% | $64,325,121↑2% | — |
| 2015 | $10,052,019↑15% | $5,859,185↑41% | $63,308,373↑5% | — |
| 2014 | $8,756,899↑31% | $4,163,735↓6% | $60,544,103↑13% | — |
| 2013 | $6,668,800↑14% | $4,409,928↑2% | $53,461,348↑11% | — |
| 2012 | $5,826,602 | $4,336,767 | $48,212,224 | — |
Frequently Asked Questions
What does The Northwest Minnesota Foundation do?▼
The Northwest Minnesota Foundation is a public & societal benefit nonprofit organization based in Minnesota. It is classified under NTEE code W110 and is registered as a 501(c) tax-exempt organization with the IRS.
Is The Northwest Minnesota Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, The Northwest Minnesota Foundation has a score of 70/100 (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 The Northwest Minnesota Foundation generate?▼
The Northwest Minnesota Foundation reports $13.0M in annual revenue and holds $103.4M in total assets, based on IRS filings.
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