Kendrick B Melrose Family Foundation
EIN: 411894134 · Plymouth, MN · NTEE: T20Z
| Metric | Value |
|---|---|
| Total Revenue | $30.6M |
| Total Expenses | $725K |
| Net Assets | $27.2M |
Is Kendrick B Melrose Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kendrick B Melrose Family Foundation
Kendrick B Melrose Family Foundation (EIN: 411894134) is a nonprofit organization based in Plymouth, MN, classified under NTEE code T20Z. The organization reported total revenue of $30.6M and total assets of $49.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kendrick B Melrose Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kendrick B Melrose Family Foundation is a large nonprofit that has been operating for 28 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -158.7% | -71.9% | -5.0% |
| 2022 | -20.3% | +37.8% | -4.7% |
| 2021 | -93.9% | +31.3% | -1.3% |
| 2020 | +6436.7% | +52.4% | +553.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kendrick B Melrose Family 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 Kendrick B Melrose Family 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:
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Kendrick B Melrose Family Foundation
Is Kendrick B Melrose Family Foundation a legitimate charity?
Kendrick B Melrose Family Foundation (EIN: 411894134) is a registered tax-exempt nonprofit based in Minnesota. It has 10 years of IRS 990 filings on record. Total revenue: $30.6M. No red flags identified. Financial health grade: B.
How does Kendrick B Melrose Family Foundation spend its money?
Kendrick B Melrose Family Foundation reported $30.6M 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 Kendrick B Melrose Family Foundation tax-deductible?
Kendrick B Melrose Family Foundation is registered as a tax-exempt nonprofit (EIN: 411894134). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kendrick B Melrose Family Foundation located?
Kendrick B Melrose Family Foundation is headquartered in Plymouth, Minnesota and files with the IRS under EIN 411894134. It is classified under NTEE code T20Z.
How many years of IRS 990 filings does Kendrick B Melrose Family Foundation have?
Kendrick B Melrose Family 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 $30.6M in total revenue.
Filing History
IRS 990 filing history for Kendrick B Melrose Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Kendrick B Melrose Family Foundation's revenue has declined by 203.7%, moving from $672K to $-696,568. Total assets increased by 101.7% over the same period, from $13.5M to $27.2M. Total functional expenses fell by 42.8%, from $1.3M to $725K. The organization holds $1 in liabilities against $27.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $27.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-696,568 | $725K | $27.2M | $1 | — | View 990 |
| 2022 | $1.2M | $2.6M | $28.7M | $1 | — | View 990 |
| 2021 | $1.5M | $1.9M | $30.1M | $1 | — | — |
| 2020 | $24.6M | $1.4M | $30.5M | $1 | — | View 990 |
| 2019 | $376K | $937K | $4.7M | $0 | — | View 990 |
| 2015 | $-90,059 | $409K | $10.0M | $0 | — | View 990 |
| 2014 | $538K | $210K | $10.5M | $0 | — | View 990 |
| 2013 | $740K | $2.4M | $10.1M | $0 | — | View 990 |
| 2012 | $935K | $2.7M | $11.7M | $0 | — | View 990 |
| 2011 | $672K | $1.3M | $13.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-696,568, expenses of $725K, and assets of $27.2M (revenue -158.7% year-over-year).
- 2022: Revenue of $1.2M, expenses of $2.6M, and assets of $28.7M (revenue -20.3% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.9M, and assets of $30.1M (revenue -93.9% year-over-year).
- 2020: Revenue of $24.6M, expenses of $1.4M, and assets of $30.5M (revenue +6436.7% year-over-year).
- 2019: Revenue of $376K, expenses of $937K, and assets of $4.7M.
- 2015: Revenue of $-90,059, expenses of $409K, and assets of $10.0M (revenue -116.7% year-over-year).
- 2014: Revenue of $538K, expenses of $210K, and assets of $10.5M (revenue -27.3% year-over-year).
- 2013: Revenue of $740K, expenses of $2.4M, and assets of $10.1M (revenue -20.9% year-over-year).
- 2012: Revenue of $935K, expenses of $2.7M, and assets of $11.7M (revenue +39.2% year-over-year).
- 2011: Revenue of $672K, expenses of $1.3M, and assets of $13.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kendrick B Melrose Family Foundation:
Data Sources and Methodology
This transparency report for Kendrick B Melrose Family 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.