Believe Foundation
Wayzata, Minnesota
B+Health Score
68B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$619K
Total Revenue
📊
$382K
Total Expenses
🏦
$832K
Net Assets
📋
$25K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+15.0%
Year-over-year change (2022 → 2023)
Net Margin
+38.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.18
Net assets divided by total expenses
Liabilities-to-Assets
3.0%
Total liabilities as % of total assets
Filing History
6 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $618,706↑15% | $382,053↑8% | $857,311↑56% | |
| 2022 | $537,794↑64% | $353,249↑66% | $550,685↑27% | — |
| 2021 | $327,896↓3% | $212,209↑45% | $432,247↑24% | — |
| 2020 | $336,647↑19% | $146,790↑15% | $349,875↑107% | — |
| 2019 | $282,408↑937% | $127,390↑473% | $169,210↑3284% | — |
| 2018 | $27,221 | $22,221 | $5,000 | — |
Frequently Asked Questions
What does Believe Foundation do?▼
Believe Foundation is a human services nonprofit organization based in Minnesota. It is classified under NTEE code P99 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Believe Foundation financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Believe Foundation.
How much revenue does Believe Foundation generate?▼
Believe Foundation reports $55K in annual revenue and holds $11K in total assets, based on IRS filings.
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