Minneapolis Japanese School
Minneapolis Japanese School consistently maintains financial stability with growing assets and no reported officer compensation.
EIN: 141886591 · Stillwater, MN · NTEE: B28 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $196K |
| Total Expenses | $153K |
| Program Spending | 85% |
| Net Assets | $296K |
| Transparency Score | 90/100 |
Is Minneapolis Japanese School Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Minneapolis Japanese School directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Minneapolis Japanese School
Minneapolis Japanese School (EIN: 141886591) is a nonprofit organization based in Stillwater, MN, classified under NTEE code B28. The organization reported total revenue of $196K and total assets of $346K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Minneapolis Japanese School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Minneapolis Japanese School is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $193K |
| Total Expenses | $153K |
| Surplus / Deficit | +$40K |
| Total Assets | $304K |
| Total Liabilities | $7K |
| Net Assets | $296K |
| Operating Margin | 20.5% |
| Debt-to-Asset Ratio | 2.4% |
| Months of Reserves | 23.8 months |
Financial Health Grade: A
In 2024, Minneapolis Japanese School reported a surplus of $40K with revenue exceeding expenses, holds 23.8 months of operating reserves (strong position), has a debt-to-asset ratio of 2.4% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Minneapolis Japanese School's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +10.3% | +2.4% | +14.6% |
| 2023 | -1.3% | -1.9% | +8.8% |
| 2022 | +2.4% | -6.0% | +5.3% |
| 2021 | -10.3% | -5.5% | +1.9% |
| 2020 | +2.1% | -0.9% | +10.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Minneapolis Japanese School with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Minneapolis Japanese School allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $40K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated in a manner not categorized as officer compensation, which is highly favorable for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Minneapolis Japanese School:
- Consistent financial surpluses, contributing to asset growth.
- Zero reported officer compensation across all filings.
- Steady growth in assets from $174,658 in 2015 to $303,558 in 2024.
- Low liabilities relative to assets, indicating strong financial solvency.
- Stable revenue stream over the past decade.
Frequently Asked Questions about Minneapolis Japanese School
Is Minneapolis Japanese School a legitimate charity?
Based on AI analysis of IRS 990 filings, Minneapolis Japanese School (EIN: 141886591) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Minneapolis Japanese School spend its money?
Minneapolis Japanese School directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Minneapolis Japanese School tax-deductible?
Minneapolis Japanese School is registered as a tax-exempt nonprofit (EIN: 141886591). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Minneapolis Japanese School's spending goes to programs?
Minneapolis Japanese School directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Minneapolis Japanese School compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Minneapolis Japanese School is above average for NTEE category B28 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Minneapolis Japanese School located?
Minneapolis Japanese School is headquartered in Stillwater, Minnesota and files with the IRS under EIN 141886591. It is classified under NTEE code B28.
How many years of IRS 990 filings does Minneapolis Japanese School have?
Minneapolis Japanese School 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 $196K in total revenue.
Is Minneapolis Japanese School a good charity?
Based on its IRS 990 data, Minneapolis Japanese School appears to be a good charity. It consistently operates with a surplus, has growing assets, and reports 0% officer compensation, indicating strong financial health and efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved. Assets have grown from $174,658 in 2015 to $303,558 in 2024, and it consistently generates a surplus, indicating robust financial management.
What is the organization's approach to executive compensation?
The Minneapolis Japanese School reports 0% officer compensation in all available filings, suggesting a volunteer-driven leadership model or compensation structures that do not fall under 'officer compensation'.
Filing History
IRS 990 filing history for Minneapolis Japanese School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Minneapolis Japanese School's revenue has grown by 5.3%, moving from $183K to $193K. Total assets increased by 108.9% over the same period, from $145K to $304K. Total functional expenses fell by 11.7%, from $174K to $153K. In its most recent filing year (2024), Minneapolis Japanese School reported a surplus of $40K, with revenue exceeding expenses. The organization holds $7K in liabilities against $304K in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $296K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $193K | $153K | $304K | $7K | — | View 990 |
| 2023 | $175K | $150K | $265K | $8K | — | View 990 |
| 2022 | $177K | $153K | $243K | $2K | — | View 990 |
| 2021 | $173K | $162K | $231K | $14K | — | View 990 |
| 2020 | $193K | $172K | $227K | $14K | — | View 990 |
| 2019 | $189K | $173K | $205K | $14K | — | View 990 |
| 2018 | $181K | $181K | $188K | $12K | — | View 990 |
| 2017 | $191K | $179K | $187K | $12K | — | View 990 |
| 2016 | $190K | $182K | $176K | $13K | — | View 990 |
| 2015 | $208K | $197K | $175K | $19K | — | View 990 |
| 2014 | $202K | $185K | $164K | $20K | — | View 990 |
| 2013 | $179K | $177K | $140K | $12K | — | View 990 |
| 2012 | $183K | $174K | $145K | $20K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $193K, expenses of $153K, and assets of $304K (revenue +10.3% year-over-year).
- 2023: Revenue of $175K, expenses of $150K, and assets of $265K (revenue -1.3% year-over-year).
- 2022: Revenue of $177K, expenses of $153K, and assets of $243K (revenue +2.4% year-over-year).
- 2021: Revenue of $173K, expenses of $162K, and assets of $231K (revenue -10.3% year-over-year).
- 2020: Revenue of $193K, expenses of $172K, and assets of $227K (revenue +2.1% year-over-year).
- 2019: Revenue of $189K, expenses of $173K, and assets of $205K (revenue +4.1% year-over-year).
- 2018: Revenue of $181K, expenses of $181K, and assets of $188K (revenue -5.4% year-over-year).
- 2017: Revenue of $191K, expenses of $179K, and assets of $187K (revenue +1.0% year-over-year).
- 2016: Revenue of $190K, expenses of $182K, and assets of $176K (revenue -8.7% year-over-year).
- 2015: Revenue of $208K, expenses of $197K, and assets of $175K (revenue +2.8% year-over-year).
- 2014: Revenue of $202K, expenses of $185K, and assets of $164K (revenue +13.0% year-over-year).
- 2013: Revenue of $179K, expenses of $177K, and assets of $140K (revenue -2.4% year-over-year).
- 2012: Revenue of $183K, expenses of $174K, and assets of $145K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Minneapolis Japanese School:
Data Sources and Methodology
This transparency report for Minneapolis Japanese School 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.