Ridgewater College Foundation
Willmar, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Excellent
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $1,859,802↓32% | $1,588,194↓10% | $4,382,479↑7% | |
| 2023 | $2,719,233↑84% | $1,768,311↑32% | $4,096,939↑40% | — |
| 2022 | $1,475,691↓8% | $1,338,985↓9% | $2,924,847↓20% | — |
| 2021 | $1,607,575↑8% | $1,463,822↓2% | $3,638,599↑31% | — |
| 2020 | $1,489,330↑20% | $1,491,078↑17% | $2,775,136↑1% | — |
| 2019 | $1,236,792↓23% | $1,275,367↓18% | $2,753,465↓2% | — |
| 2018 | $1,598,248↓17% | $1,548,851↓13% | $2,804,091↑6% | — |
| 2017 | $1,919,507↑69% | $1,784,094↑44% | $2,635,906↑11% | — |
| 2016 | $1,134,604↓3% | $1,237,906↑4% | $2,365,687↓9% | — |
| 2015 | $1,170,543↑6% | $1,195,378↑37% | $2,592,854↓4% | — |
| 2014 | $1,104,837↑84% | $874,812↑36% | $2,696,220↑18% | — |
| 2013 | $600,216↑15% | $643,190↑1% | $2,291,606↑4% | — |
| 2012 | $521,602 | $636,393 | $2,212,202 | — |
Frequently Asked Questions
What does Ridgewater College Foundation do?▼
Ridgewater College Foundation is a education nonprofit organization based in Minnesota. It is classified under NTEE code B82B and is registered as a 501(c) tax-exempt organization with the IRS.
Is Ridgewater College Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Ridgewater College Foundation has a score of 89/100 (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 Ridgewater College Foundation generate?▼
Ridgewater College Foundation reports $1.4M in annual revenue and holds $4.6M in total assets, based on IRS filings.