Inver Grove Heights B E S T Foundation
EIN: 411672077 · Inver Grove, MN · NTEE: B94Z
| Metric | Value |
|---|---|
| Total Revenue | $160K |
| Total Expenses | $172K |
| Net Assets | $1.6M |
Is Inver Grove Heights B E S T Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Inver Grove Heights B E S T Foundation
Inver Grove Heights B E S T Foundation (EIN: 411672077) is a nonprofit organization based in Inver Grove, MN, classified under NTEE code B94Z. The organization reported total revenue of $160K and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Inver Grove Heights B E S T Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Inver Grove Heights B E S T Foundation is a small nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $166K |
| Total Expenses | $172K |
| Surplus / Deficit | $-6,337 |
| Total Assets | $1.9M |
| Total Liabilities | $227K |
| Net Assets | $1.6M |
| Operating Margin | -3.8% |
| Debt-to-Asset Ratio | 12.1% |
| Months of Reserves | 130.2 months |
Financial Health Grade: B
In 2023, Inver Grove Heights B E S T Foundation reported a deficit of $6K with expenses exceeding revenue, holds 130.2 months of operating reserves (strong position), has a debt-to-asset ratio of 12.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Inver Grove Heights B E S T Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -67.5% | -33.5% | -0.3% |
| 2022 | +302.6% | +51.6% | +3.9% |
| 2021 | -9.2% | +2.8% | +14.0% |
| 2020 | -39.2% | +8.1% | +3.4% |
| 2019 | +3.7% | -28.2% | +3.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Inver Grove Heights B E S T 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 Inver Grove Heights B E S T 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 $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.1%.
Frequently Asked Questions about Inver Grove Heights B E S T Foundation
Is Inver Grove Heights B E S T Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Inver Grove Heights B E S T Foundation (EIN: 411672077) insufficient data. 0 red flags identified, 0 strengths noted.
How does Inver Grove Heights B E S T Foundation spend its money?
Detailed spending breakdown data is not yet available for Inver Grove Heights B E S T Foundation. Check back for updated IRS 990 analysis.
Are donations to Inver Grove Heights B E S T Foundation tax-deductible?
Inver Grove Heights B E S T Foundation is registered as a tax-exempt nonprofit (EIN: 411672077). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Inver Grove Heights B E S T Foundation located?
Inver Grove Heights B E S T Foundation is headquartered in Inver Grove, Minnesota and files with the IRS under EIN 411672077. It is classified under NTEE code B94Z.
How many years of IRS 990 filings does Inver Grove Heights B E S T Foundation have?
Inver Grove Heights B E S T 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 $160K in total revenue.
Filing History
IRS 990 filing history for Inver Grove Heights B E S T Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Inver Grove Heights B E S T Foundation's revenue has declined by 20.4%, moving from $209K to $166K. Total assets increased by 60.8% over the same period, from $1.2M to $1.9M. Total functional expenses fell by 13.6%, from $200K to $172K. In its most recent filing year (2023), Inver Grove Heights B E S T Foundation reported a deficit of $6K, with expenses exceeding revenue. The organization holds $227K in liabilities against $1.9M in assets (debt-to-asset ratio: 12.1%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $166K | $172K | $1.9M | $227K | — | — |
| 2022 | $512K | $259K | $1.9M | $272K | — | View 990 |
| 2021 | $127K | $171K | $1.8M | $190K | — | View 990 |
| 2020 | $140K | $166K | $1.6M | $165K | — | View 990 |
| 2019 | $230K | $154K | $1.5M | $152K | — | View 990 |
| 2018 | $222K | $214K | $1.5M | $173K | — | View 990 |
| 2017 | $274K | $197K | $1.5M | $169K | — | View 990 |
| 2016 | $223K | $212K | $1.4M | $192K | — | View 990 |
| 2015 | $197K | $231K | $1.4M | $226K | — | View 990 |
| 2014 | $297K | $214K | $1.5M | $211K | — | View 990 |
| 2013 | $264K | $205K | $1.4M | $196K | — | View 990 |
| 2012 | $336K | $202K | $1.3M | $206K | — | View 990 |
| 2011 | $209K | $200K | $1.2M | $198K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $166K, expenses of $172K, and assets of $1.9M (revenue -67.5% year-over-year).
- 2022: Revenue of $512K, expenses of $259K, and assets of $1.9M (revenue +302.6% year-over-year).
- 2021: Revenue of $127K, expenses of $171K, and assets of $1.8M (revenue -9.2% year-over-year).
- 2020: Revenue of $140K, expenses of $166K, and assets of $1.6M (revenue -39.2% year-over-year).
- 2019: Revenue of $230K, expenses of $154K, and assets of $1.5M (revenue +3.7% year-over-year).
- 2018: Revenue of $222K, expenses of $214K, and assets of $1.5M (revenue -18.9% year-over-year).
- 2017: Revenue of $274K, expenses of $197K, and assets of $1.5M (revenue +22.6% year-over-year).
- 2016: Revenue of $223K, expenses of $212K, and assets of $1.4M (revenue +13.3% year-over-year).
- 2015: Revenue of $197K, expenses of $231K, and assets of $1.4M (revenue -33.7% year-over-year).
- 2014: Revenue of $297K, expenses of $214K, and assets of $1.5M (revenue +12.7% year-over-year).
- 2013: Revenue of $264K, expenses of $205K, and assets of $1.4M (revenue -21.6% year-over-year).
- 2012: Revenue of $336K, expenses of $202K, and assets of $1.3M (revenue +61.2% year-over-year).
- 2011: Revenue of $209K, expenses of $200K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Inver Grove Heights B E S T Foundation:
Data Sources and Methodology
This transparency report for Inver Grove Heights B E S T 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.