District 112 Foundation
EIN: 363555868 · Chaska, MN · NTEE: B82Z
| Metric | Value |
|---|---|
| Total Revenue | $153K |
| Total Expenses | $92K |
| Net Assets | $125K |
Is District 112 Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About District 112 Foundation
District 112 Foundation (EIN: 363555868) is a nonprofit organization based in Chaska, MN, classified under NTEE code B82Z. The organization reported total revenue of $153K and total assets of $153K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of District 112 Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
District 112 Foundation is a small nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $138K |
| Total Expenses | $92K |
| Surplus / Deficit | +$46K |
| Total Assets | $130K |
| Total Liabilities | $5K |
| Net Assets | $125K |
| Operating Margin | 33.5% |
| Debt-to-Asset Ratio | 3.8% |
| Months of Reserves | 17.1 months |
Financial Health Grade: A
In 2023, District 112 Foundation reported a surplus of $46K with revenue exceeding expenses, holds 17.1 months of operating reserves (strong position), has a debt-to-asset ratio of 3.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), District 112 Foundation's revenue has grown at a compound annual growth rate (CAGR) of 12.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.4% | -25.1% | +64.9% |
| 2022 | -11.3% | +14.2% | -23.8% |
| 2021 | +27.5% | +1.5% | -1.9% |
| 2020 | +15.0% | +46.6% | -15.3% |
| 2019 | -38.8% | +45.6% | +5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for District 112 Foundation 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 District 112 Foundation 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 $46K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.8%.
Frequently Asked Questions about District 112 Foundation
Is District 112 Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, District 112 Foundation (EIN: 363555868) insufficient data. 0 red flags identified, 0 strengths noted.
How does District 112 Foundation spend its money?
Detailed spending breakdown data is not yet available for District 112 Foundation. Check back for updated IRS 990 analysis.
Are donations to District 112 Foundation tax-deductible?
District 112 Foundation is registered as a tax-exempt nonprofit (EIN: 363555868). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is District 112 Foundation located?
District 112 Foundation is headquartered in Chaska, Minnesota and files with the IRS under EIN 363555868. It is classified under NTEE code B82Z.
How many years of IRS 990 filings does District 112 Foundation have?
District 112 Foundation 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 $153K in total revenue.
Filing History
IRS 990 filing history for District 112 Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), District 112 Foundation's revenue has grown by 288%, moving from $36K to $138K. Total assets increased by 77.9% over the same period, from $73K to $130K. Total functional expenses rose by 244.7%, from $27K to $92K. In its most recent filing year (2023), District 112 Foundation reported a surplus of $46K, with revenue exceeding expenses. The organization holds $5K in liabilities against $130K in assets (debt-to-asset ratio: 3.8%), resulting in net assets of $125K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $138K | $92K | $130K | $5K | — | View 990 |
| 2022 | $100K | $122K | $79K | $0 | — | View 990 |
| 2021 | $113K | $107K | $104K | $50 | — | — |
| 2020 | $89K | $106K | $106K | $8K | — | View 990 |
| 2019 | $77K | $72K | $125K | $10K | — | View 990 |
| 2018 | $126K | $49K | $118K | $8K | — | View 990 |
| 2017 | $52K | $58K | $46K | $13K | — | View 990 |
| 2016 | $35K | $31K | $51K | $13K | — | View 990 |
| 2015 | $20K | $23K | $50K | $16K | — | View 990 |
| 2014 | $22K | $27K | $60K | $22K | — | View 990 |
| 2013 | $15K | $27K | $65K | $22K | — | View 990 |
| 2012 | $23K | $28K | $78K | $24K | — | View 990 |
| 2011 | $36K | $27K | $73K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $138K, expenses of $92K, and assets of $130K (revenue +37.4% year-over-year).
- 2022: Revenue of $100K, expenses of $122K, and assets of $79K (revenue -11.3% year-over-year).
- 2021: Revenue of $113K, expenses of $107K, and assets of $104K (revenue +27.5% year-over-year).
- 2020: Revenue of $89K, expenses of $106K, and assets of $106K (revenue +15.0% year-over-year).
- 2019: Revenue of $77K, expenses of $72K, and assets of $125K (revenue -38.8% year-over-year).
- 2018: Revenue of $126K, expenses of $49K, and assets of $118K (revenue +140.6% year-over-year).
- 2017: Revenue of $52K, expenses of $58K, and assets of $46K (revenue +50.0% year-over-year).
- 2016: Revenue of $35K, expenses of $31K, and assets of $51K (revenue +74.4% year-over-year).
- 2015: Revenue of $20K, expenses of $23K, and assets of $50K (revenue -10.7% year-over-year).
- 2014: Revenue of $22K, expenses of $27K, and assets of $60K (revenue +50.4% year-over-year).
- 2013: Revenue of $15K, expenses of $27K, and assets of $65K (revenue -35.8% year-over-year).
- 2012: Revenue of $23K, expenses of $28K, and assets of $78K (revenue -34.7% year-over-year).
- 2011: Revenue of $36K, expenses of $27K, and assets of $73K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for District 112 Foundation:
Data Sources and Methodology
This transparency report for District 112 Foundation 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.