everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Lakeview Methodist Health Care Center

Fairmont, MN / EIN 41-0874740 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20117,673,3877,899,465−226,0784.655%
20127,548,9537,704,008−155,0554.555%
20137,205,8237,067,076138,7474.855%
20146,644,1196,580,75963,3605.254%
20156,121,1126,081,50039,6125.552%
20166,585,8376,413,105172,7325.552%
20177,315,6166,841,540474,0766.051%
20189,003,4457,553,7751,449,6709.354%
20199,590,6307,905,2181,685,41210.653%
20209,962,9978,157,4031,805,59412.253%
202110,007,6918,356,2371,651,45414.552%
202210,103,0459,648,271454,77413.149%
202310,893,46310,277,298616,16513.148%

In its most recent public year (2023), this organization brought in $616,165 more than it spent. Its reserves stood at about 13.1 months of spending, up from 4.6 in 2011. Staff pay was 48% of spending. $960,773 of its net assets are donor-restricted.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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