Central Minnesota Educational Research & Development Council
EIN: 416052402 · Sauk Rapids, MN · NTEE: B00E
| Metric | Value |
|---|---|
| Total Revenue | $6.3M |
| Total Expenses | $8.4M |
| Net Assets | $2.0M |
Is Central Minnesota Educational Research & Development Council Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Central Minnesota Educational Research & Development Council
Central Minnesota Educational Research & Development Council (EIN: 416052402) is a nonprofit organization based in Sauk Rapids, MN, classified under NTEE code B00E. The organization reported total revenue of $6.3M and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central Minnesota Educational Research & Development Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Central Minnesota Educational Research & Development Council is a mid-size nonprofit that has been operating for 60 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.8M |
| Total Expenses | $8.4M |
| Surplus / Deficit | +$407K |
| Total Assets | $2.8M |
| Total Liabilities | $853K |
| Net Assets | $2.0M |
| Operating Margin | 4.6% |
| Debt-to-Asset Ratio | 30.2% |
| Months of Reserves | 4.0 months |
Financial Health Grade: A
In 2023, Central Minnesota Educational Research & Development Council reported a surplus of $407K with revenue exceeding expenses, holds 4.0 months of operating reserves (adequate), has a debt-to-asset ratio of 30.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Central Minnesota Educational Research & Development Council's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.5% | +3.6% | -3.7% |
| 2022 | +1.2% | +16.8% | -15.2% |
| 2021 | -2.0% | -13.9% | +80.6% |
| 2020 | +3.5% | -10.3% | +11.5% |
| 2019 | -6.0% | +16.4% | -32.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1966 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Central Minnesota Educational Research & Development Council has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Central Minnesota Educational Research & Development Council with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $407K, with revenue exceeding expenses.
- Debt-to-asset ratio: 30.2%.
Frequently Asked Questions about Central Minnesota Educational Research & Development Council
Is Central Minnesota Educational Research & Development Council a legitimate charity?
Based on AI analysis of IRS 990 filings, Central Minnesota Educational Research & Development Council (EIN: 416052402) insufficient data. 0 red flags identified, 0 strengths noted.
How does Central Minnesota Educational Research & Development Council spend its money?
Detailed spending breakdown data is not yet available for Central Minnesota Educational Research & Development Council. Check back for updated IRS 990 analysis.
Are donations to Central Minnesota Educational Research & Development Council tax-deductible?
Central Minnesota Educational Research & Development Council is registered as a tax-exempt nonprofit (EIN: 416052402). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Central Minnesota Educational Research & Development Council located?
Central Minnesota Educational Research & Development Council is headquartered in Sauk Rapids, Minnesota and files with the IRS under EIN 416052402. It is classified under NTEE code B00E.
How many years of IRS 990 filings does Central Minnesota Educational Research & Development Council have?
Central Minnesota Educational Research & Development Council has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $6.3M in total revenue.
Filing History
IRS 990 filing history for Central Minnesota Educational Research & Development Council showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Central Minnesota Educational Research & Development Council's revenue has grown by 6.3%, moving from $8.3M to $8.8M. Total assets decreased by 15.6% over the same period, from $3.3M to $2.8M. Total functional expenses rose by 4.9%, from $8.0M to $8.4M. In its most recent filing year (2023), Central Minnesota Educational Research & Development Council reported a surplus of $407K, with revenue exceeding expenses. The organization holds $853K in liabilities against $2.8M in assets (debt-to-asset ratio: 30.2%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.8M | $8.4M | $2.8M | $853K | — | — |
| 2022 | $8.2M | $8.1M | $2.9M | $1.3M | — | — |
| 2021 | $8.1M | $7.0M | $3.5M | $1.9M | — | View 990 |
| 2020 | $8.3M | $8.1M | $1.9M | $1.5M | — | View 990 |
| 2019 | $8.0M | $9.0M | $1.7M | $1.5M | — | View 990 |
| 2018 | $8.5M | $7.7M | $2.5M | $1.3M | — | View 990 |
| 2017 | $8.4M | $9.0M | $1.9M | $1.5M | — | View 990 |
| 2016 | $8.1M | $7.6M | $2.5M | $1.5M | — | View 990 |
| 2015 | $7.6M | $8.5M | $2.1M | $1.5M | — | View 990 |
| 2014 | $7.7M | $7.1M | $3.1M | $1.6M | — | View 990 |
| 2013 | $8.0M | $8.1M | $2.3M | $1.4M | — | View 990 |
| 2012 | $8.0M | $8.6M | $2.6M | $1.6M | — | View 990 |
| 2011 | $8.3M | $8.0M | $3.3M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.8M, expenses of $8.4M, and assets of $2.8M (revenue +7.5% year-over-year).
- 2022: Revenue of $8.2M, expenses of $8.1M, and assets of $2.9M (revenue +1.2% year-over-year).
- 2021: Revenue of $8.1M, expenses of $7.0M, and assets of $3.5M (revenue -2.0% year-over-year).
- 2020: Revenue of $8.3M, expenses of $8.1M, and assets of $1.9M (revenue +3.5% year-over-year).
- 2019: Revenue of $8.0M, expenses of $9.0M, and assets of $1.7M (revenue -6.0% year-over-year).
- 2018: Revenue of $8.5M, expenses of $7.7M, and assets of $2.5M (revenue +1.3% year-over-year).
- 2017: Revenue of $8.4M, expenses of $9.0M, and assets of $1.9M (revenue +4.3% year-over-year).
- 2016: Revenue of $8.1M, expenses of $7.6M, and assets of $2.5M (revenue +5.6% year-over-year).
- 2015: Revenue of $7.6M, expenses of $8.5M, and assets of $2.1M (revenue -1.3% year-over-year).
- 2014: Revenue of $7.7M, expenses of $7.1M, and assets of $3.1M (revenue -3.5% year-over-year).
- 2013: Revenue of $8.0M, expenses of $8.1M, and assets of $2.3M (revenue -0.1% year-over-year).
- 2012: Revenue of $8.0M, expenses of $8.6M, and assets of $2.6M (revenue -3.4% year-over-year).
- 2011: Revenue of $8.3M, expenses of $8.0M, and assets of $3.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Central Minnesota Educational Research & Development Council:
Data Sources and Methodology
This transparency report for Central Minnesota Educational Research & Development Council is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.