L โ€” Housing & ShelterEIN: 411741817ยท Ruling Year: 1993

Minnesota Home Ownership Center

Saint Paul, Minnesota

A-Health Score
79A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

๐Ÿ’ฐ
$3.4M
Total Revenue
๐Ÿ“Š
$3.9M
Total Expenses
๐Ÿฆ
$13.3M
Net Assets
๐Ÿ“‹
$971K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-52.4%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-15.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.37
Net assets divided by total expenses
Liabilities-to-Assets
6.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,425,749โ†“52%$3,939,560โ†“54%$14,260,394โ†‘1%
2022$7,198,884โ†‘135%$8,555,682โ†‘109%$14,152,614โ†“19%
2021$3,064,242โ†“55%$4,099,660โ†“34%$17,549,875โ†“7%
2020$6,782,119โ†‘17%$6,239,074โ†‘182%$18,809,674โ†‘11%
2019$5,794,090โ†“18%$2,211,179โ†“19%$16,870,602โ†‘25%
2018$7,041,532โ†‘26%$2,739,295โ†‘1%$13,460,886โ†‘58%
2017$5,570,624โ†‘46%$2,717,426โ†‘27%$8,512,909โ†‘53%
2016$3,811,864โ†‘42%$2,138,268โ†“3%$5,569,729โ†‘42%
2015$2,687,568โ†‘24%$2,209,722โ†“7%$3,920,825โ†‘11%
2014$2,171,177โ†“11%$2,376,215โ†‘21%$3,522,880โ†“4%
2013$2,446,381โ†‘19%$1,970,673โ†“7%$3,654,956โ†‘11%
2012$2,064,121โ†“33%$2,111,602โ†“24%$3,283,687โ†‘5%
2011$3,082,146$2,779,007$3,127,690

Frequently Asked Questions

What does Minnesota Home Ownership Center do?โ–ผ

Minnesota Home Ownership Center is a housing & shelter nonprofit organization based in Minnesota. It is classified under NTEE code L80Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Minnesota Home Ownership Center financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Minnesota Home Ownership Center has a score of 79/100 (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 Minnesota Home Ownership Center generate?โ–ผ

Minnesota Home Ownership Center reports $5.0M in annual revenue and holds $15.3M in total assets, based on IRS filings.

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Minnesota Home Ownership Center โ€” Saint Paul, MN | GiveScope