Civic Intelligence

Rochester Area Foundation

990 • Fiscal year 2023 • EIN 41-6017740

Jan 01, 2023 to Dec 31, 2023

Organization ProfileWWW.ROCHESTERAREA.ORG
Rochester, MN
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

22nd percentile

0.05x

Higher debt load relative to assets than 22% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Liabilities / Revenue

32nd percentile

0.21x

Higher debt load relative to revenue than 32% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Net Margin

94th percentile

60%

Higher net margin than 94% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2023

Asset Growth

88th percentile

33%

Faster asset growth than 88% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Revenue Growth

94th percentile

98%

Faster revenue growth than 94% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets22nd percentile

Assets

Up

$61,087,038

Up $15,203,264 (+33%) from 2022

Net Assets

Up

$57,801,231

Up $12,980,554 (+29%) from 2022

Liabilities

Up

$3,285,807

Up $2,222,710 (+209%) from 2022

Revenue And Expenses
Liabilities / Revenue32nd percentileNet Margin94th percentile

Revenue

Up

$15,867,977

Up $7,847,108 (+98%) from 2022

Expenses

Down

$6,383,555

Down $445,011 (-6.5%) from 2022

Net Income

Up

$9,484,422

Up $8,292,119 (+695%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth88th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80M$60M$40M$20M$0Assets 2011: $25,181,232Liabilities 2011: $1,478,731Net Assets 2011: $23,702,5012011Assets 2012: $26,687,629Liabilities 2012: $1,367,792Net Assets 2012: $25,319,8372012Assets 2013: $29,152,594Liabilities 2013: $1,305,254Net Assets 2013: $27,847,3402013Assets 2014: $29,674,862Liabilities 2014: $1,303,064Net Assets 2014: $28,371,7982014Assets 2015: $28,484,358Liabilities 2015: $1,536,749Net Assets 2015: $26,947,6092015Assets 2016: $30,922,604Liabilities 2016: $2,314,396Net Assets 2016: $28,608,2082016Assets 2017: $34,088,271Liabilities 2017: $2,312,857Net Assets 2017: $31,775,4142017Assets 2018: $33,233,432Liabilities 2018: $2,423,750Net Assets 2018: $30,809,6822018Assets 2019: $38,103,860Liabilities 2019: $2,207,297Net Assets 2019: $35,896,5632019Assets 2020: $40,010,430Liabilities 2020: $1,891,442Net Assets 2020: $38,118,9882020Assets 2021: $45,116,721Liabilities 2021: $1,752,240Net Assets 2021: $43,364,4812021Assets 2022: $45,883,774Liabilities 2022: $1,063,097Net Assets 2022: $44,820,6772022Assets 2023: $61,087,038Liabilities 2023: $3,285,807Net Assets 2023: $57,801,2312023Assets 2024: $68,327,174Liabilities 2024: $5,114,905Net Assets 2024: $63,212,2692024

Highlighted filing

2023

Assets$61,087,038
Liabilities$3,285,807
Net Assets$57,801,231
Open 2023 Filing

Operations Trend

Revenue Growth94th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MExpenses 2011: $2,064,4802011Expenses 2012: $2,485,0452012Revenue 2013: $4,117,319Expenses 2013: $1,870,115Net Income 2013: $2,247,2042013Revenue 2014: $3,491,258Expenses 2014: $3,076,378Net Income 2014: $414,8802014Revenue 2015: $3,968,172Expenses 2015: $3,511,310Net Income 2015: $456,8622015Revenue 2016: $3,261,706Expenses 2016: $2,533,366Net Income 2016: $728,3402016Revenue 2017: $3,155,428Expenses 2017: $3,551,915Net Income 2017: -$396,4872017Revenue 2018: $5,487,286Expenses 2018: $4,062,599Net Income 2018: $1,424,6872018Revenue 2019: $8,835,070Expenses 2019: $3,876,925Net Income 2019: $4,958,1452019Revenue 2020: $8,656,139Expenses 2020: $6,478,100Net Income 2020: $2,178,0392020Revenue 2021: $11,703,419Expenses 2021: $6,515,333Net Income 2021: $5,188,0862021Revenue 2022: $8,020,869Expenses 2022: $6,828,566Net Income 2022: $1,192,3032022Revenue 2023: $15,867,977Expenses 2023: $6,383,555Net Income 2023: $9,484,4222023Revenue 2024: $11,130,008Expenses 2024: $8,850,518Net Income 2024: $2,279,4902024

Highlighted filing

2023

Revenue$15,867,977
Expenses$6,383,555
Net Income$9,484,422
Open 2023 Filing
Filing Detail Status

This 2023 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2024)
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Mission and Program Overview

Mission

Building and enhancing the quality of life in the greater rochester area through philanthropic leadership and community partnerships.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$61,087,038
Liabilities
$3,285,807
Net assets
$57,801,231
Revenue
$15,867,977
Expenses
$6,383,555
Net income
$9,484,422
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$68.3$5.11$63.2$11.1$8.85$2.28
2023Summary only. Only limited summary data is available for this year.$61.1$3.29$57.8$15.9$6.38$9.48
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.9$1.06$44.8$8.02$6.83$1.19
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.1$1.75$43.4$11.7$6.52$5.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40.0$1.89$38.1$8.66$6.48$2.18
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38.1$2.21$35.9$8.84$3.88$4.96
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.2$2.42$30.8$5.49$4.06$1.42
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.1$2.31$31.8$3.16$3.55$0.40
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.9$2.31$28.6$3.26$2.53$0.73
2015Detailed filing. Detailed filing data is available for this year.$28.5$1.54$26.9$3.97$3.51$0.46
2014Detailed filing. Detailed filing data is available for this year.$29.7$1.30$28.4$3.49$3.08$0.41
2013Detailed filing. Detailed filing data is available for this year.$29.2$1.31$27.8$4.12$1.87$2.25
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.7$1.37$25.3$2.49
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.2$1.48$23.7$2.06