BEducationEIN: 825253891· Ruling Year: 2022

Parnassus Building Company

Maple Grove, Minnesota

DHealth Score
32D

Financial Health Score

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

Poor

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-0.06×
Peer Median20.77×
💰
$2.2M
Total Revenue
📊
$1.8M
Total Expenses
🏦
-$118K
Net Assets
📋
$25.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2.8%
Year-over-year change (2022 → 2023)
Net Margin
+15.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.06
Net assets divided by total expenses
Liabilities-to-Assets
100.5%
Total liabilities as % of total assets

Filing History

6 filings on record
YearRevenueExpensesAssets
2023$2,159,1973%$1,814,9873%$25,588,0971%
2022$2,100,499$1,866,7013%$25,916,8972%
2021$2,094,372$1,817,145$26,488,0992648809800%
2020$0$0$1
2019$0$0$1
2018$0$0$1

Frequently Asked Questions

What does Parnassus Building Company do?

Parnassus Building Company is a education nonprofit organization based in Minnesota. It is classified under NTEE code B90 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Parnassus Building Company financially healthy?

Based on our 9-metric Financial Health Score model, Parnassus Building Company has a score of 32/100 (Grade: D). 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 Parnassus Building Company generate?

Parnassus Building Company reports $2.3M in annual revenue and holds $25.4M in total assets, based on IRS filings.

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