Pinewood-cloquet Inc is a 501(c)(3) organization based in Cloquet, Minnesota, registered in 1965, with $1,428,364 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.4M
▼ 24.0% vs prior year
Human Services median: $293K
Expenses (FY2024)
$1.5M
Net assets
$2.2M
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 Pinewood-cloquet Inc— 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 Pinewood-cloquet Inc: 17 mo reserves · -8% 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 Pinewood-cloquet Inc— 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 Pinewood-cloquet Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.2M (FY2013) to $1.4M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-8.3%
Spent more than it raised in the latest fiscal year.
Total assets
$2.4M
Total liabilities
$231K
Net assets
$2.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,428,364▼24.0% | $1,546,224▲52.2% | $2,209,964▼5.1% | $2,441,322▼5.5% | 990 |
| 2023 | $1,879,849▲49.2% | $1,016,203▲12.6% | $2,327,824▲59.0% | $2,583,272▲51.8% | 990 |
| 2022 | $1,260,168▼3.1% | $902,716▲6.7% | $1,464,178▲32.3% | $1,701,275▲26.4% | 990 |
| 2021 | $1,299,870▲63.3% | $845,962▲7.4% | $1,106,726▲69.5% | $1,345,818▲24.3% | 990 |
| 2020 | $796,044▼46.0% | $787,731▼41.3% | $652,818▲1.3% | $1,082,835▲16.0% | 990 |
| 2019 | $1,474,132▲12.7% | $1,341,393▲0.1% | $644,505▲25.9% | $933,847▲14.7% | 990 |
| 2018 | $1,307,930▲1.8% | $1,339,636▲2.1% | $511,766▼5.8% | $814,476▼3.7% | 990 |
| 2017 | $1,285,357▼6.4% | $1,311,972▲1.5% | $543,472▼4.7% | $845,389▼5.8% | 990 |
| 2016 | $1,373,797▲1.7% | $1,292,323▲2.1% | $570,087▲16.7% | $897,806▲5.2% | 990 |
| 2015 | $1,350,261▲13.1% | $1,266,086▲6.4% | $488,613▲21.0% | $853,748▲5.8% | 990 |
| 2014 | $1,194,085▲0.5% | $1,189,843▼3.8% | $403,701▲4.3% | $806,866▲1.7% | 990 |
| 2013 | $1,187,742 | $1,236,614▼0.4% | $386,960▼11.2% | $793,436▲5.3% | 990 |
| 2012 | — | $1,241,057▼3.9% | $435,832▲5.9% | $753,197▲1.7% | 990 |
| 2011 | — | $1,291,226▲1.6% | $411,377▼10.2% | $740,865▼3.6% | 990 |
| 2010 | — | $1,271,066 | $457,920 | $768,448 | 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 Pinewood-cloquet Inc (EIN 41-0875019) 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.