Independent Lifestyles Inc - A Center For Independent Living is a 501(c)(3) organization based in Sauk Rapids, Minnesota, registered in 1997, with $7,704,965 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$7.7M
▲ 6.8% vs prior year
Human Services median: $293K
Expenses (FY2024)
$7.1M
Net assets
$8.9M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Independent Lifestyles Inc - A Center For Independent Living— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Independent Lifestyles Inc - A Center For Independent Living: 15 mo reserves · +8% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Independent Lifestyles Inc - A Center For Independent Living— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Independent Lifestyles Inc - A Center For Independent Living: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $3.2M (FY2013) to $7.7M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
8.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$9.9M
Total liabilities
$957K
Net assets
$8.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $7,704,965▲6.8% | $7,075,625▲16.0% | $8,925,902▲4.3% | $9,882,614▲6.5% | 990 |
| 2023 | $7,212,628▲19.6% | $6,099,270▲8.8% | $8,555,896▲24.8% | $9,277,285▲23.5% | 990 |
| 2022 | $6,032,218▲25.8% | $5,607,114▲20.3% | $6,854,196▲10.4% | $7,511,471▲12.1% | 990 |
| 2021 | $4,794,413▼10.2% | $4,660,693▲4.8% | $6,209,105▼3.0% | $6,697,942▼1.9% | 990 |
| 2020 | $5,339,176▲22.5% | $4,447,538▲5.0% | $6,400,069▲17.7% | $6,829,331▲6.3% | 990 |
| 2019 | $4,357,353▼1.6% | $4,233,878▲1.8% | $5,439,363▲3.0% | $6,424,973▲13.1% | 990 |
| 2018 | $4,429,215▼19.9% | $4,158,794▼9.7% | $5,280,489▲5.4% | $5,681,740▲4.6% | 990 |
| 2017 | $5,528,657▲15.9% | $4,605,287▲15.7% | $5,012,189▲22.7% | $5,431,636▲17.6% | 990 |
| 2016 | $4,769,232▲24.0% | $3,981,139▲19.4% | $4,084,167▲24.3% | $4,618,663▲9.1% | 990 |
| 2015 | $3,845,759▲1.7% | $3,333,254▲2.2% | $3,285,446▲19.5% | $4,232,608▲17.1% | 990 |
| 2014 | $3,782,029▲19.7% | $3,261,620▲15.4% | $2,750,005▲20.9% | $3,615,971▲6.0% | 990 |
| 2013 | $3,158,572 | $2,825,392▲19.0% | $2,273,711▲17.9% | $3,411,803▲50.4% | 990 |
| 2012 | — | $2,373,324▲16.0% | $1,928,286▲25.0% | $2,268,308▼5.2% | 990 |
| 2011 | — | $2,046,112 | $1,542,622 | $2,392,909 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Independent Lifestyles Inc - A Center For Independent Living (EIN 41-1871141) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.