Fairvote Minnesota Foundation
EIN: 411924245 · Saint Paul, MN · NTEE: W24
| Metric | Value |
|---|---|
| Total Revenue | $398K |
| Total Expenses | $248K |
| Net Assets | $138K |
Is Fairvote Minnesota Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fairvote Minnesota Foundation
Fairvote Minnesota Foundation (EIN: 411924245) is a nonprofit organization based in Saint Paul, MN, classified under NTEE code W24. The organization reported total revenue of $398K and total assets of $270K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fairvote Minnesota Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fairvote Minnesota Foundation is a small nonprofit that has been operating for 26 years, with 11 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 14.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $473K |
| Total Expenses | $248K |
| Surplus / Deficit | +$225K |
| Total Assets | $210K |
| Total Liabilities | $72K |
| Net Assets | $138K |
| Operating Margin | 47.6% |
| Debt-to-Asset Ratio | 34.4% |
| Months of Reserves | 10.1 months |
Financial Health Grade: A
In 2022, Fairvote Minnesota Foundation reported a surplus of $225K with revenue exceeding expenses, holds 10.1 months of operating reserves (strong position), has a debt-to-asset ratio of 34.4% (moderate leverage).
Financial Trends
Over 11 years of filings (2011–2022), Fairvote Minnesota Foundation's revenue has grown at a compound annual growth rate (CAGR) of 14.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -6.7% | -65.0% | +469.5% |
| 2021 | -19.0% | +36.8% | -88.2% |
| 2020 | +24.1% | +0.6% | +141.1% |
| 2019 | +24.9% | +36.6% | +47.3% |
| 2018 | +29.9% | -11.5% | -2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fairvote Minnesota 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 Fairvote Minnesota 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $225K, with revenue exceeding expenses.
- Debt-to-asset ratio: 34.4%.
Frequently Asked Questions about Fairvote Minnesota Foundation
Is Fairvote Minnesota Foundation a legitimate charity?
Fairvote Minnesota Foundation (EIN: 411924245) is a registered tax-exempt nonprofit based in Minnesota. It has 11 years of IRS 990 filings on record. Total revenue: $398K. No red flags identified. Financial health grade: A.
How does Fairvote Minnesota Foundation spend its money?
Fairvote Minnesota Foundation reported $398K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Fairvote Minnesota Foundation tax-deductible?
Fairvote Minnesota Foundation is registered as a tax-exempt nonprofit (EIN: 411924245). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fairvote Minnesota Foundation located?
Fairvote Minnesota Foundation is headquartered in Saint Paul, Minnesota and files with the IRS under EIN 411924245. It is classified under NTEE code W24.
How many years of IRS 990 filings does Fairvote Minnesota Foundation have?
Fairvote Minnesota Foundation has 11 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 $398K in total revenue.
Filing History
IRS 990 filing history for Fairvote Minnesota Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2022), Fairvote Minnesota Foundation's revenue has grown by 326.5%, moving from $111K to $473K. Total assets increased by 435.8% over the same period, from $39K to $210K. Total functional expenses rose by 172.1%, from $91K to $248K. In its most recent filing year (2022), Fairvote Minnesota Foundation reported a surplus of $225K, with revenue exceeding expenses. The organization holds $72K in liabilities against $210K in assets (debt-to-asset ratio: 34.4%), resulting in net assets of $138K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $473K | $248K | $210K | $72K | — | View 990 |
| 2021 | $507K | $708K | $37K | $125K | — | View 990 |
| 2020 | $627K | $518K | $311K | $171K | — | View 990 |
| 2019 | $505K | $514K | $129K | $98K | — | View 990 |
| 2018 | $404K | $376K | $88K | $47K | — | View 990 |
| 2017 | $311K | $425K | $90K | $77K | — | View 990 |
| 2016 | $226K | $140K | $154K | $27K | — | View 990 |
| 2015 | $214K | $274K | $96K | $54K | — | View 990 |
| 2013 | $332K | $290K | $119K | $70K | — | View 990 |
| 2012 | $93K | $80K | $67K | $43K | — | View 990 |
| 2011 | $111K | $91K | $39K | $44K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $473K, expenses of $248K, and assets of $210K (revenue -6.7% year-over-year).
- 2021: Revenue of $507K, expenses of $708K, and assets of $37K (revenue -19.0% year-over-year).
- 2020: Revenue of $627K, expenses of $518K, and assets of $311K (revenue +24.1% year-over-year).
- 2019: Revenue of $505K, expenses of $514K, and assets of $129K (revenue +24.9% year-over-year).
- 2018: Revenue of $404K, expenses of $376K, and assets of $88K (revenue +29.9% year-over-year).
- 2017: Revenue of $311K, expenses of $425K, and assets of $90K (revenue +37.8% year-over-year).
- 2016: Revenue of $226K, expenses of $140K, and assets of $154K (revenue +5.4% year-over-year).
- 2015: Revenue of $214K, expenses of $274K, and assets of $96K (revenue -35.4% year-over-year).
- 2013: Revenue of $332K, expenses of $290K, and assets of $119K (revenue +255.2% year-over-year).
- 2012: Revenue of $93K, expenses of $80K, and assets of $67K (revenue -15.9% year-over-year).
- 2011: Revenue of $111K, expenses of $91K, and assets of $39K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fairvote Minnesota Foundation:
Data Sources and Methodology
This transparency report for Fairvote Minnesota 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.