New Harmony Care Center Inc
Edina, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 132 peers in Philanthropy, Voluntarism & Grantmaking with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $16,510,284↑88% | $17,281,882↑87% | $38,753,679↑2% | — |
| 2022 | $8,779,592↓26% | $9,253,407↑15% | $38,126,302↑116% | — |
| 2021 | $11,846,414↑40% | $8,025,018↓2% | $17,674,874↑292% | — |
| 2020 | $8,448,600↑12% | $8,178,665↑9% | $4,509,003↑17% | — |
| 2019 | $7,525,684↑9% | $7,505,431↑9% | $3,837,598↓5% | — |
| 2018 | $6,931,430↑13% | $6,890,662↑2% | $4,056,712↓2% | — |
| 2017 | $6,143,361↓6% | $6,762,801↓2% | $4,126,677↓10% | — |
| 2016 | $6,565,233 | $6,891,017↑3% | $4,578,256↓7% | — |
| 2015 | $6,554,733↑2% | $6,672,822↑3% | $4,916,441↓5% | — |
| 2014 | $6,454,639↑2% | $6,481,299↑2% | $5,178,376↓7% | — |
| 2013 | $6,357,566↑2% | $6,364,449↑1% | $5,549,432↓3% | — |
| 2012 | $6,208,754↓2% | $6,323,727↓1% | $5,708,779↓7% | — |
| 2011 | $6,361,774↓1% | $6,409,241↓5% | $6,107,173↓2% | — |
| 2010 | $6,412,390 | $6,740,105 | $6,213,576 | — |
Frequently Asked Questions
What does New Harmony Care Center Inc do?▼
New Harmony Care Center Inc is a philanthropy, voluntarism & grantmaking nonprofit organization based in Minnesota. It is classified under NTEE code T70Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is New Harmony Care Center Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, New Harmony Care Center Inc has a score of 61/100 (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 New Harmony Care Center Inc generate?▼
New Harmony Care Center Inc reports $17.5M in annual revenue and holds $39.1M in total assets, based on IRS filings.
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