Minneapolis Automobile Dealers Employees Benefit Fund
EIN: 416011699 · Bloomington, MN
| Metric | Value |
|---|---|
| Total Revenue | $14.0M |
| Total Expenses | $15.2M |
| Net Assets | $7.4M |
Is Minneapolis Automobile Dealers Employees Benefit Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Minneapolis Automobile Dealers Employees Benefit Fund
Minneapolis Automobile Dealers Employees Benefit Fund (EIN: 416011699) is a nonprofit organization based in Bloomington, MN. The organization reported total revenue of $14.0M and total assets of $8.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Minneapolis Automobile Dealers Employees Benefit Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Minneapolis Automobile Dealers Employees Benefit Fund is a large nonprofit that has been operating for 81 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.9M |
| Total Expenses | $15.2M |
| Surplus / Deficit | $-1,318,271 |
| Total Assets | $7.4M |
| Total Liabilities | $10K |
| Net Assets | $7.4M |
| Operating Margin | -9.5% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 5.8 months |
Financial Health Grade: B
In 2023, Minneapolis Automobile Dealers Employees Benefit Fund reported a deficit of $1.3M with expenses exceeding revenue, holds 5.8 months of operating reserves (adequate), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Minneapolis Automobile Dealers Employees Benefit Fund's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.4% | +16.2% | -16.1% |
| 2022 | -1.1% | +6.3% | -2.3% |
| 2021 | -12.2% | -16.6% | +14.8% |
| 2020 | -5.3% | -3.3% | +12.5% |
| 2019 | +1.7% | +15.2% | +20.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1945 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Minneapolis Automobile Dealers Employees Benefit Fund 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 Minneapolis Automobile Dealers Employees Benefit Fund 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 $1.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Minneapolis Automobile Dealers Employees Benefit Fund
Is Minneapolis Automobile Dealers Employees Benefit Fund a legitimate charity?
Minneapolis Automobile Dealers Employees Benefit Fund (EIN: 416011699) is a registered tax-exempt nonprofit based in Minnesota. It has 13 years of IRS 990 filings on record. Total revenue: $14.0M. No red flags identified. Financial health grade: B.
How does Minneapolis Automobile Dealers Employees Benefit Fund spend its money?
Minneapolis Automobile Dealers Employees Benefit Fund reported $14.0M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Minneapolis Automobile Dealers Employees Benefit Fund tax-deductible?
Minneapolis Automobile Dealers Employees Benefit Fund is registered as a tax-exempt nonprofit (EIN: 416011699). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Minneapolis Automobile Dealers Employees Benefit Fund located?
Minneapolis Automobile Dealers Employees Benefit Fund is headquartered in Bloomington, Minnesota and files with the IRS under EIN 416011699.
How many years of IRS 990 filings does Minneapolis Automobile Dealers Employees Benefit Fund have?
Minneapolis Automobile Dealers Employees Benefit Fund 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 $14.0M in total revenue.
Filing History
IRS 990 filing history for Minneapolis Automobile Dealers Employees Benefit Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Minneapolis Automobile Dealers Employees Benefit Fund's revenue has grown by 45%, moving from $9.6M to $13.9M. Total assets increased by 101.3% over the same period, from $3.7M to $7.4M. Total functional expenses rose by 36%, from $11.2M to $15.2M. In its most recent filing year (2023), Minneapolis Automobile Dealers Employees Benefit Fund reported a deficit of $1.3M, with expenses exceeding revenue. The organization holds $10K in liabilities against $7.4M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $7.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13.9M | $15.2M | $7.4M | $10K | — | View 990 |
| 2022 | $13.5M | $13.1M | $8.8M | $6K | — | View 990 |
| 2021 | $13.6M | $12.3M | $9.0M | $10K | — | View 990 |
| 2020 | $15.5M | $14.8M | $7.9M | $12K | — | — |
| 2019 | $16.4M | $15.3M | $7.0M | $10K | — | View 990 |
| 2018 | $16.1M | $13.3M | $5.8M | $14K | — | View 990 |
| 2017 | $14.3M | $14.4M | $3.1M | $46K | — | View 990 |
| 2016 | $13.2M | $13.6M | $3.3M | $76K | — | View 990 |
| 2015 | $12.7M | $12.4M | $3.7M | $86K | — | View 990 |
| 2014 | $11.4M | $12.1M | $3.4M | $85K | — | View 990 |
| 2013 | $10.6M | $10.3M | $3.9M | $21K | — | View 990 |
| 2012 | $10.5M | $10.5M | $3.6M | $19K | — | View 990 |
| 2011 | $9.6M | $11.2M | $3.7M | $45K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13.9M, expenses of $15.2M, and assets of $7.4M (revenue +3.4% year-over-year).
- 2022: Revenue of $13.5M, expenses of $13.1M, and assets of $8.8M (revenue -1.1% year-over-year).
- 2021: Revenue of $13.6M, expenses of $12.3M, and assets of $9.0M (revenue -12.2% year-over-year).
- 2020: Revenue of $15.5M, expenses of $14.8M, and assets of $7.9M (revenue -5.3% year-over-year).
- 2019: Revenue of $16.4M, expenses of $15.3M, and assets of $7.0M (revenue +1.7% year-over-year).
- 2018: Revenue of $16.1M, expenses of $13.3M, and assets of $5.8M (revenue +12.2% year-over-year).
- 2017: Revenue of $14.3M, expenses of $14.4M, and assets of $3.1M (revenue +8.5% year-over-year).
- 2016: Revenue of $13.2M, expenses of $13.6M, and assets of $3.3M (revenue +4.1% year-over-year).
- 2015: Revenue of $12.7M, expenses of $12.4M, and assets of $3.7M (revenue +10.9% year-over-year).
- 2014: Revenue of $11.4M, expenses of $12.1M, and assets of $3.4M (revenue +8.0% year-over-year).
- 2013: Revenue of $10.6M, expenses of $10.3M, and assets of $3.9M (revenue +1.1% year-over-year).
- 2012: Revenue of $10.5M, expenses of $10.5M, and assets of $3.6M (revenue +9.2% year-over-year).
- 2011: Revenue of $9.6M, expenses of $11.2M, and assets of $3.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Minneapolis Automobile Dealers Employees Benefit Fund:
Data Sources and Methodology
This transparency report for Minneapolis Automobile Dealers Employees Benefit Fund 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.