Loan Repayment Assistance Program Of Minnesota
EIN: 411694745 · Minneapolis, MN · NTEE: B82Z
| Metric | Value |
|---|---|
| Total Revenue | $220K |
| Total Expenses | $159K |
| Net Assets | $749K |
Is Loan Repayment Assistance Program Of Minnesota Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Loan Repayment Assistance Program Of Minnesota
Loan Repayment Assistance Program Of Minnesota (EIN: 411694745) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code B82Z. The organization reported total revenue of $220K and total assets of $854K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Loan Repayment Assistance Program Of Minnesota's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Loan Repayment Assistance Program Of Minnesota is a small nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $193K |
| Total Expenses | $159K |
| Surplus / Deficit | +$34K |
| Total Assets | $768K |
| Total Liabilities | $19K |
| Net Assets | $749K |
| Operating Margin | 17.5% |
| Debt-to-Asset Ratio | 2.5% |
| Months of Reserves | 57.9 months |
Financial Health Grade: A
In 2023, Loan Repayment Assistance Program Of Minnesota reported a surplus of $34K with revenue exceeding expenses, holds 57.9 months of operating reserves (strong position), has a debt-to-asset ratio of 2.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Loan Repayment Assistance Program Of Minnesota's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.9% | +89.8% | +8.6% |
| 2022 | -1.7% | -1.2% | +6.7% |
| 2021 | +10.3% | -16.4% | +14.4% |
| 2020 | -29.5% | -48.0% | +9.3% |
| 2019 | +4.3% | +2.1% | +6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Loan Repayment Assistance Program Of Minnesota 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 Loan Repayment Assistance Program Of Minnesota 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 surplus of $34K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.5%.
Frequently Asked Questions about Loan Repayment Assistance Program Of Minnesota
Is Loan Repayment Assistance Program Of Minnesota a legitimate charity?
Based on AI analysis of IRS 990 filings, Loan Repayment Assistance Program Of Minnesota (EIN: 411694745) insufficient data. 0 red flags identified, 0 strengths noted.
How does Loan Repayment Assistance Program Of Minnesota spend its money?
Detailed spending breakdown data is not yet available for Loan Repayment Assistance Program Of Minnesota. Check back for updated IRS 990 analysis.
Are donations to Loan Repayment Assistance Program Of Minnesota tax-deductible?
Loan Repayment Assistance Program Of Minnesota is registered as a tax-exempt nonprofit (EIN: 411694745). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Loan Repayment Assistance Program Of Minnesota located?
Loan Repayment Assistance Program Of Minnesota is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 411694745. It is classified under NTEE code B82Z.
How many years of IRS 990 filings does Loan Repayment Assistance Program Of Minnesota have?
Loan Repayment Assistance Program Of Minnesota 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 $220K in total revenue.
Filing History
IRS 990 filing history for Loan Repayment Assistance Program Of Minnesota showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Loan Repayment Assistance Program Of Minnesota's revenue has declined by 2%, moving from $197K to $193K. Total assets increased by 46.4% over the same period, from $525K to $768K. Total functional expenses fell by 6.4%, from $170K to $159K. In its most recent filing year (2023), Loan Repayment Assistance Program Of Minnesota reported a surplus of $34K, with revenue exceeding expenses. The organization holds $19K in liabilities against $768K in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $749K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $193K | $159K | $768K | $19K | — | — |
| 2022 | $161K | $84K | $707K | $19K | — | View 990 |
| 2021 | $164K | $85K | $663K | $18K | — | View 990 |
| 2020 | $148K | $101K | $579K | $18K | — | — |
| 2019 | $210K | $195K | $530K | $20K | — | View 990 |
| 2018 | $202K | $191K | $498K | $20K | — | View 990 |
| 2017 | $159K | $153K | $499K | $22K | — | — |
| 2016 | $154K | $148K | $500K | $35K | — | View 990 |
| 2015 | $165K | $144K | $502K | $42K | — | View 990 |
| 2014 | $165K | $151K | $501K | $51K | — | View 990 |
| 2013 | $129K | $164K | $502K | $66K | — | View 990 |
| 2012 | $195K | $154K | $547K | $80K | — | View 990 |
| 2011 | $197K | $170K | $525K | $104K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $193K, expenses of $159K, and assets of $768K (revenue +19.9% year-over-year).
- 2022: Revenue of $161K, expenses of $84K, and assets of $707K (revenue -1.7% year-over-year).
- 2021: Revenue of $164K, expenses of $85K, and assets of $663K (revenue +10.3% year-over-year).
- 2020: Revenue of $148K, expenses of $101K, and assets of $579K (revenue -29.5% year-over-year).
- 2019: Revenue of $210K, expenses of $195K, and assets of $530K (revenue +4.3% year-over-year).
- 2018: Revenue of $202K, expenses of $191K, and assets of $498K (revenue +26.8% year-over-year).
- 2017: Revenue of $159K, expenses of $153K, and assets of $499K (revenue +3.1% year-over-year).
- 2016: Revenue of $154K, expenses of $148K, and assets of $500K (revenue -6.4% year-over-year).
- 2015: Revenue of $165K, expenses of $144K, and assets of $502K (revenue -0.4% year-over-year).
- 2014: Revenue of $165K, expenses of $151K, and assets of $501K (revenue +28.7% year-over-year).
- 2013: Revenue of $129K, expenses of $164K, and assets of $502K (revenue -33.9% year-over-year).
- 2012: Revenue of $195K, expenses of $154K, and assets of $547K (revenue -1.2% year-over-year).
- 2011: Revenue of $197K, expenses of $170K, and assets of $525K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Loan Repayment Assistance Program Of Minnesota:
Data Sources and Methodology
This transparency report for Loan Repayment Assistance Program Of 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.