Essentia Health Moose Lake
EIN: 845099016 · Moose Lake, MN · NTEE: E20
| Metric | Value |
|---|---|
| Total Revenue | $47.3M |
| Total Expenses | $41.0M |
| Net Assets | $13.8M |
Is Essentia Health Moose Lake Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Essentia Health Moose Lake
Essentia Health Moose Lake (EIN: 845099016) is a nonprofit organization based in Moose Lake, MN, classified under NTEE code E20. The organization reported total revenue of $47.3M and total assets of $52.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Essentia Health Moose Lake's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Essentia Health Moose Lake is a large nonprofit that has been operating for 6 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -11.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $40.5M |
| Total Expenses | $41.0M |
| Surplus / Deficit | $-507,267 |
| Total Assets | $51.5M |
| Total Liabilities | $37.7M |
| Net Assets | $13.8M |
| Operating Margin | -1.3% |
| Debt-to-Asset Ratio | 73.3% |
| Months of Reserves | 15.1 months |
Financial Health Grade: C
In 2023, Essentia Health Moose Lake reported a deficit of $507K with expenses exceeding revenue, holds 15.1 months of operating reserves (strong position), has a debt-to-asset ratio of 73.3% (high leverage).
Financial Trends
Over 3 years of filings (2021–2023), Essentia Health Moose Lake's revenue has declined at a compound annual growth rate (CAGR) of -11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.9% | +1.9% | -10.8% |
| 2022 | -26.7% | +22.5% | -14.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Essentia Health Moose Lake has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Essentia Health Moose Lake with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $507K, with expenses exceeding revenue.
- Debt-to-asset ratio: 73.3%.
Frequently Asked Questions about Essentia Health Moose Lake
Is Essentia Health Moose Lake a legitimate charity?
Based on AI analysis of IRS 990 filings, Essentia Health Moose Lake (EIN: 845099016) insufficient data. 0 red flags identified, 0 strengths noted.
How does Essentia Health Moose Lake spend its money?
Detailed spending breakdown data is not yet available for Essentia Health Moose Lake. Check back for updated IRS 990 analysis.
Are donations to Essentia Health Moose Lake tax-deductible?
Essentia Health Moose Lake is registered as a tax-exempt nonprofit (EIN: 845099016). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Essentia Health Moose Lake located?
Essentia Health Moose Lake is headquartered in Moose Lake, Minnesota and files with the IRS under EIN 845099016. It is classified under NTEE code E20.
How many years of IRS 990 filings does Essentia Health Moose Lake have?
Essentia Health Moose Lake has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $47.3M in total revenue.
Filing History
IRS 990 filing history for Essentia Health Moose Lake showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Essentia Health Moose Lake's revenue has declined by 20.9%, moving from $51.2M to $40.5M. Total assets decreased by 23.4% over the same period, from $67.3M to $51.5M. Total functional expenses rose by 24.8%, from $32.9M to $41.0M. In its most recent filing year (2023), Essentia Health Moose Lake reported a deficit of $507K, with expenses exceeding revenue. The organization holds $37.7M in liabilities against $51.5M in assets (debt-to-asset ratio: 73.3%), resulting in net assets of $13.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $40.5M | $41.0M | $51.5M | $37.7M | — | View 990 |
| 2022 | $37.6M | $40.3M | $57.8M | $44.2M | — | View 990 |
| 2021 | $51.2M | $32.9M | $67.3M | $48.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $40.5M, expenses of $41.0M, and assets of $51.5M (revenue +7.9% year-over-year).
- 2022: Revenue of $37.6M, expenses of $40.3M, and assets of $57.8M (revenue -26.7% year-over-year).
- 2021: Revenue of $51.2M, expenses of $32.9M, and assets of $67.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Essentia Health Moose Lake:
Data Sources and Methodology
This transparency report for Essentia Health Moose Lake is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.