Edina Realty Foundation
EIN: 411826980 · Edina, MN · NTEE: T99Z
| Metric | Value |
|---|---|
| Total Revenue | $367K |
| Total Expenses | $498K |
| Net Assets | $335K |
Is Edina Realty Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Edina Realty Foundation
Edina Realty Foundation (EIN: 411826980) is a nonprofit organization based in Edina, MN, classified under NTEE code T99Z. The organization reported total revenue of $367K and total assets of $351K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Edina Realty Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Edina Realty Foundation is a small nonprofit that has been operating for 30 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $404K |
| Total Expenses | $498K |
| Surplus / Deficit | $-94,099 |
| Total Assets | $339K |
| Total Liabilities | $3K |
| Net Assets | $335K |
| Operating Margin | -23.3% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 8.2 months |
Financial Health Grade: B
In 2023, Edina Realty Foundation reported a deficit of $94K with expenses exceeding revenue, holds 8.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Edina Realty Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.1% | -8.2% | -21.3% |
| 2022 | -12.8% | +52.6% | -19.3% |
| 2021 | +44.6% | -4.2% | +38.7% |
| 2020 | -24.6% | -25.5% | -20.9% |
| 2019 | +22.7% | +66.9% | +1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Edina Realty 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 Edina Realty 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 deficit of $94K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.0%.
Frequently Asked Questions about Edina Realty Foundation
Is Edina Realty Foundation a legitimate charity?
Edina Realty Foundation (EIN: 411826980) is a registered tax-exempt nonprofit based in Minnesota. It has 10 years of IRS 990 filings on record. Total revenue: $367K. No red flags identified. Financial health grade: B.
How does Edina Realty Foundation spend its money?
Edina Realty Foundation reported $367K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Edina Realty Foundation tax-deductible?
Edina Realty Foundation is registered as a tax-exempt nonprofit (EIN: 411826980). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Edina Realty Foundation located?
Edina Realty Foundation is headquartered in Edina, Minnesota and files with the IRS under EIN 411826980. It is classified under NTEE code T99Z.
How many years of IRS 990 filings does Edina Realty Foundation have?
Edina Realty Foundation has 10 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 $367K in total revenue.
Filing History
IRS 990 filing history for Edina Realty Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Edina Realty Foundation's revenue has grown by 46.1%, moving from $277K to $404K. Total assets increased by 6% over the same period, from $319K to $339K. Total functional expenses rose by 41.8%, from $351K to $498K. In its most recent filing year (2023), Edina Realty Foundation reported a deficit of $94K, with expenses exceeding revenue. The organization holds $3K in liabilities against $339K in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $335K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $404K | $498K | $339K | $3K | — | View 990 |
| 2022 | $440K | $543K | $430K | $852 | — | View 990 |
| 2021 | $504K | $356K | $533K | $390 | — | — |
| 2020 | $349K | $371K | $384K | $1 | — | — |
| 2019 | $462K | $498K | $485K | $79K | — | View 990 |
| 2015 | $377K | $299K | $481K | $331 | — | View 990 |
| 2014 | $339K | $312K | $403K | $338 | — | View 990 |
| 2013 | $355K | $354K | $376K | $348 | — | View 990 |
| 2012 | $323K | $267K | $375K | $272 | — | View 990 |
| 2011 | $277K | $351K | $319K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $404K, expenses of $498K, and assets of $339K (revenue -8.1% year-over-year).
- 2022: Revenue of $440K, expenses of $543K, and assets of $430K (revenue -12.8% year-over-year).
- 2021: Revenue of $504K, expenses of $356K, and assets of $533K (revenue +44.6% year-over-year).
- 2020: Revenue of $349K, expenses of $371K, and assets of $384K (revenue -24.6% year-over-year).
- 2019: Revenue of $462K, expenses of $498K, and assets of $485K (revenue +22.7% year-over-year).
- 2015: Revenue of $377K, expenses of $299K, and assets of $481K (revenue +11.3% year-over-year).
- 2014: Revenue of $339K, expenses of $312K, and assets of $403K (revenue -4.6% year-over-year).
- 2013: Revenue of $355K, expenses of $354K, and assets of $376K (revenue +9.9% year-over-year).
- 2012: Revenue of $323K, expenses of $267K, and assets of $375K (revenue +16.7% year-over-year).
- 2011: Revenue of $277K, expenses of $351K, and assets of $319K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Edina Realty Foundation:
Data Sources and Methodology
This transparency report for Edina Realty 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.