Multi-county Builders is a 501(c)(3) organization based in Wabasha, Minnesota, registered in 1998, with $653,222 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$653K
▲ 18.7% vs prior year
Housing median: $408K
Expenses (FY2023)
$688K
Net assets
$821K
Employees
—
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 Multi-county Builders— 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 Multi-county Builders: 14 mo reserves · -5% margin earns a B+ 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 Multi-county Builders— 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 Multi-county Builders: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $486K (FY2019) to $653K (FY2023) across 5 reported years.
Financial snapshot
Operating margin
-5.3%
Spent more than it raised in the latest fiscal year.
Total assets
$2.9M
Total liabilities
$2.1M
Net assets
$821K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $653,222▲18.7% | $687,758▲11.9% | $820,880▼1.7% | $2,906,350▼7.1% | 990 |
| 2022 | $550,485▼49.2% | $614,351▼8.5% | $834,923▼7.1% | $3,128,534▼3.7% | 990 |
| 2021 | $1,084,114▲102% | $671,416▲57.9% | $898,789▲84.9% | $3,247,191▲39.5% | 990 |
| 2020 | $537,595▲10.6% | $425,256▲3.1% | $486,091▲30.1% | $2,327,961▲1.7% | 990 |
| 2019 | $486,040 | $412,655 | $373,752 | $2,288,588 | 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 Multi-county Builders (EIN 41-1824119) 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.