First Resources Corp
Ottumwa, Iowa
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 4 peers in Employment 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 | |
|---|---|---|---|---|
| 2024 | $15,384,714↓1% | $15,353,852↓3% | $8,986,613↓12% | — |
| 2023 | $15,536,430↓2% | $15,760,442↑7% | $10,206,154↑9% | — |
| 2022 | $15,811,214↑4% | $14,793,682↓1% | $9,340,910↑10% | — |
| 2021 | $15,224,087↑71% | $14,993,047↑64% | $8,485,661↑68% | — |
| 2020 | $8,884,761↓7% | $9,116,483↓2% | $5,064,522↑22% | — |
| 2019 | $9,523,005↑1% | $9,264,083↓2% | $4,160,662↑4% | — |
| 2018 | $9,413,324↓6% | $9,470,864↓4% | $3,993,304↓9% | — |
| 2017 | $9,990,299↓3% | $9,859,041 | $4,370,166↑1% | — |
| 2016 | $10,288,142↑26% | $9,838,475↑17% | $4,326,584↑15% | — |
| 2015 | $8,180,706↓1% | $8,393,126↑3% | $3,746,363↑1% | — |
| 2014 | $8,291,587↑14% | $8,184,746↑15% | $3,714,338↑10% | — |
| 2013 | $7,284,861↑5% | $7,122,360↑5% | $3,362,065↑6% | — |
| 2012 | $6,946,019↑7% | $6,764,730↑4% | $3,170,739↑6% | — |
| 2011 | $6,511,870 | $6,501,635 | $2,987,214 | — |
Frequently Asked Questions
What does First Resources Corp do?▼
First Resources Corp is a employment nonprofit organization based in Iowa. It is classified under NTEE code J30Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is First Resources Corp financially healthy?▼
Based on our 9-metric Financial Health Score model, First Resources Corp has a score of 60/100 (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 First Resources Corp generate?▼
First Resources Corp reports $15.9M in annual revenue and holds $8.0M in total assets, based on IRS filings.
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