Fair Vote Minnesota

Fair Vote Minnesota shows volatile finances with 0% officer compensation amidst significant revenue and asset fluctuations.

EIN: 10911420 · Saint Paul, MN · NTEE: R40 · Updated: 2026-03-28

$831KRevenue

$23KAssets

80/100Mission Score (Excellent)

R40

About Fair Vote Minnesota

Fair Vote Minnesota (EIN: 10911420) is a nonprofit organization based in Saint Paul, MN, classified under NTEE code R40. The organization reported total revenue of $831K and total assets of $23K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fair Vote Minnesota's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Fair Vote Minnesota demonstrates a fluctuating financial landscape over the past decade. While the organization experienced significant revenue growth in 2022, reaching $1,610,233, its latest reported assets are considerably lower at $22,908, suggesting a rapid deployment of funds or a recent decline in financial reserves. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. However, the substantial swings in revenue and expenses, such as the $1,126,962 in expenses against $983,309 in revenue in 2020, indicate periods of deficit spending and potential reliance on prior year reserves or future funding.

The organization's spending efficiency appears to vary. In 2022, expenses were $1,087,061 against $1,610,233 in revenue, indicating a surplus. However, in 2020, expenses exceeded revenue by over $140,000. The lack of reported officer compensation is a positive sign for donor confidence regarding executive pay. The organization's asset base has also seen considerable fluctuation, from a high of $581,151 in 2022 to a low of $4,445 in 2015, and currently stands at $22,908. This volatility suggests a lean operational model that is highly dependent on annual fundraising cycles.

Overall, Fair Vote Minnesota exhibits strong transparency regarding executive compensation. Its financial health, however, shows significant year-to-year variability in revenue, expenses, and assets. While the 0% officer compensation is commendable, the organization's ability to maintain consistent financial stability and build substantial reserves appears to be an ongoing challenge, as evidenced by the current low asset figure relative to its peak in 2022.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Fair Vote Minnesota with a Mission Score of 80 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Fair Vote Minnesota allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Fair Vote Minnesota consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly commendable for a nonprofit of its size and revenue.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Fair Vote Minnesota's IRS 990 filings:

Significant year-over-year volatility in revenue and assets, indicating potential financial instability.
Current assets ($22,908) are very low compared to peak assets ($581,151 in 2022) and recent annual expenses, suggesting limited financial reserves.
Periods of deficit spending, such as in 2020 where expenses ($1,126,962) exceeded revenue ($983,309).

Strengths

The following positive indicators were identified for Fair Vote Minnesota:

Consistent 0% officer compensation, demonstrating a strong commitment to directing funds to the mission.
Significant revenue growth in recent years, with 2022 revenue reaching $1,610,233.
Strong program focus implied by the lack of executive compensation, suggesting efficient use of funds for its stated purpose.

Frequently Asked Questions about Fair Vote Minnesota

Is Fair Vote Minnesota financially stable given its fluctuating revenue and assets?

Fair Vote Minnesota's financial stability appears to be highly variable. While it experienced a significant revenue increase to $1,610,233 in 2022, its assets have since dropped to $22,908 from a high of $581,151 in the same year, suggesting a reliance on immediate funding rather than substantial reserves.

How does Fair Vote Minnesota manage its expenses relative to its income?

The organization's expense management shows periods of both surplus and deficit. For example, in 2022, revenue ($1,610,233) significantly exceeded expenses ($1,087,061), but in 2020, expenses ($1,126,962) were higher than revenue ($983,309), indicating inconsistent financial planning or unexpected costs.

What is the significance of 0% officer compensation?

The consistent reporting of 0% officer compensation is a strong positive indicator. It suggests that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, allowing a greater proportion of funds to be directed towards program activities.

Filing History

IRS 990 filing history for Fair Vote Minnesota showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2022), Fair Vote Minnesota's revenue has grown by 8524.7%, moving from $19K to $1.6M. Total assets increased by 6291.9% over the same period, from $9K to $581K. Total functional expenses rose by 2856.9%, from $37K to $1.1M. In its most recent filing year (2022), Fair Vote Minnesota reported a surplus of $523K, with revenue exceeding expenses. The organization holds $67K in liabilities against $581K in assets (debt-to-asset ratio: 11.5%), resulting in net assets of $514K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2022	$1.6M	$1.1M	$581K	$67K	—	View 990
2021	$941K	$726K	$7K	$15K	—	View 990
2020	$983K	$1.1M	$23K	$247K	—	View 990
2019	$250K	$640K	$23K	$104K	—	View 990
2018	$539K	$420K	$342K	$33K	—	View 990
2017	$269K	$179K	$190K	$0	—	View 990
2016	$337K	$238K	$114K	$14K	—	View 990
2015	$299K	$317K	$4K	$4K	—	View 990
2014	$115K	$102K	$18K	$150	—	View 990
2013	$71K	$44K	$5K	$150	—	View 990
2012	$45K	$60K	$8K	$30K	—	View 990
2011	$19K	$37K	$9K	$17K	—	View 990

Year-by-Year Financial Summary

2022: Revenue of $1.6M, expenses of $1.1M, and assets of $581K (revenue +71.0% year-over-year).
2021: Revenue of $941K, expenses of $726K, and assets of $7K (revenue -4.3% year-over-year).
2020: Revenue of $983K, expenses of $1.1M, and assets of $23K (revenue +292.8% year-over-year).
2019: Revenue of $250K, expenses of $640K, and assets of $23K (revenue -53.6% year-over-year).
2018: Revenue of $539K, expenses of $420K, and assets of $342K (revenue +100.4% year-over-year).
2017: Revenue of $269K, expenses of $179K, and assets of $190K (revenue -20.2% year-over-year).
2016: Revenue of $337K, expenses of $238K, and assets of $114K (revenue +12.6% year-over-year).
2015: Revenue of $299K, expenses of $317K, and assets of $4K (revenue +161.0% year-over-year).
2014: Revenue of $115K, expenses of $102K, and assets of $18K (revenue +60.7% year-over-year).
2013: Revenue of $71K, expenses of $44K, and assets of $5K (revenue +57.0% year-over-year).
2012: Revenue of $45K, expenses of $60K, and assets of $8K (revenue +143.6% year-over-year).
2011: Revenue of $19K, expenses of $37K, and assets of $9K.

Data Sources and Methodology

This transparency report for Fair Vote Minnesota 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.