EHealth CareEIN: 720423603· Ruling Year: 1972

Rapides Foundation

Alexandria, Louisiana

B+Health Score
67B+

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 39 peers in Health Care with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org16.45×
Peer Median8.62×
💰
$7.3M
Total Revenue
📊
$20.1M
Total Expenses
🏦
$330.6M
Net Assets
📋
$22.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-75.9%
Year-over-year change (2022 → 2023)
Net Margin
-175.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
16.45
Net assets divided by total expenses
Liabilities-to-Assets
6.3%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$7,309,05976%$20,101,05122%$352,997,9728%
2022$30,315,24020%$16,452,61744%$326,264,91511%
2021$25,364,82069%$11,427,86232%$365,841,42310%
2020$14,988,17110%$16,770,04547%$331,600,5058%
2019$16,724,92911%$11,388,48516%$306,834,86613%
2018$18,831,1125%$9,808,39843%$272,117,8577%
2017$18,006,03841%$17,090,69812%$292,950,3079%
2016$12,750,18119%$15,323,66525%$269,829,7926%
2015$15,658,9573%$12,234,81042%$254,272,0412%
2014$16,146,63581%$8,598,67320%$260,787,5015%
2013$8,922,6665%$10,759,0011%$247,651,04110%
2012$9,358,11183%$10,835,24683%$226,094,6415%
2011$55,022,02126%$64,230,8076%$215,889,5642%
2010$73,951,656$60,653,811$220,129,389

Frequently Asked Questions

What does Rapides Foundation do?

Rapides Foundation is a health care nonprofit organization based in Louisiana. It is classified under NTEE code E210 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Rapides Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Rapides Foundation has a score of 67/100 (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 Rapides Foundation generate?

Rapides Foundation reports $10.3M in annual revenue and holds $363.1M in total assets, based on IRS filings.

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