Minnesota Association For The Education Of Young Children
EIN: 237279931 · Duluth, MN · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $195K |
| Total Expenses | $152K |
| Net Assets | $-14,205 |
Is Minnesota Association For The Education Of Young Children Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Minnesota Association For The Education Of Young Children
Minnesota Association For The Education Of Young Children (EIN: 237279931) is a nonprofit organization based in Duluth, MN, classified under NTEE code B90. The organization reported total revenue of $195K and total assets of $31K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Minnesota Association For The Education Of Young Children's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Minnesota Association For The Education Of Young Children is a small nonprofit that has been operating for 53 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -5.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $112K |
| Total Expenses | $152K |
| Surplus / Deficit | $-40,067 |
| Total Assets | $12K |
| Total Liabilities | $26K |
| Net Assets | $-14,205 |
| Operating Margin | -35.7% |
| Debt-to-Asset Ratio | 221.5% |
| Months of Reserves | 0.9 months |
Financial Health Grade: D
In 2023, Minnesota Association For The Education Of Young Children reported a deficit of $40K with expenses exceeding revenue, holds 0.9 months of operating reserves (limited), has a debt-to-asset ratio of 221.5% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Minnesota Association For The Education Of Young Children's revenue has declined at a compound annual growth rate (CAGR) of -5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.2% | +210.9% | -77.1% |
| 2022 | +92.0% | -13.9% | +35.2% |
| 2021 | -87.0% | -84.8% | -18.4% |
| 2020 | -17.6% | -52.4% | -10.2% |
| 2019 | +174.5% | +112.2% | -55.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1973 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Minnesota Association For The Education Of Young Children 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 Minnesota Association For The Education Of Young Children 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 $40K, with expenses exceeding revenue.
- Debt-to-asset ratio: 221.5%.
Frequently Asked Questions about Minnesota Association For The Education Of Young Children
Is Minnesota Association For The Education Of Young Children a legitimate charity?
Minnesota Association For The Education Of Young Children (EIN: 237279931) is a registered tax-exempt nonprofit based in Minnesota. It has 14 years of IRS 990 filings on record. Total revenue: $195K. No red flags identified. Financial health grade: D.
How does Minnesota Association For The Education Of Young Children spend its money?
Minnesota Association For The Education Of Young Children reported $195K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Minnesota Association For The Education Of Young Children tax-deductible?
Minnesota Association For The Education Of Young Children is registered as a tax-exempt nonprofit (EIN: 237279931). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Minnesota Association For The Education Of Young Children located?
Minnesota Association For The Education Of Young Children is headquartered in Duluth, Minnesota and files with the IRS under EIN 237279931. It is classified under NTEE code B90.
How many years of IRS 990 filings does Minnesota Association For The Education Of Young Children have?
Minnesota Association For The Education Of Young Children has 14 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 $195K in total revenue.
Filing History
IRS 990 filing history for Minnesota Association For The Education Of Young Children showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Minnesota Association For The Education Of Young Children's revenue has declined by 51.8%, moving from $233K to $112K. Total assets decreased by 90.1% over the same period, from $118K to $12K. Total functional expenses fell by 29.6%, from $216K to $152K. In its most recent filing year (2023), Minnesota Association For The Education Of Young Children reported a deficit of $40K, with expenses exceeding revenue. The organization holds $26K in liabilities against $12K in assets (debt-to-asset ratio: 221.5%), resulting in net assets of $-14,205.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $112K | $152K | $12K | $26K | — | View 990 |
| 2022 | $101K | $49K | $51K | $25K | — | View 990 |
| 2021 | $53K | $57K | $38K | $64K | — | — |
| 2020 | $405K | $374K | $46K | $68K | — | View 990 |
| 2019 | $491K | $785K | $52K | $105K | — | View 990 |
| 2018 | $179K | $370K | $116K | $48K | — | View 990 |
| 2017 | $514K | $588K | $330K | $71K | — | View 990 |
| 2016 | $588K | $653K | $352K | $20K | — | View 990 |
| 2015 | $867K | $675K | $413K | $15K | — | View 990 |
| 2014 | $778K | $795K | $265K | $60K | — | View 990 |
| 2013 | $849K | $789K | $228K | $7K | — | View 990 |
| 2012 | $746K | $713K | $183K | $22K | — | View 990 |
| 2011 | $477K | $456K | $164K | $35K | — | View 990 |
| 2010 | $233K | $216K | $118K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $112K, expenses of $152K, and assets of $12K (revenue +11.2% year-over-year).
- 2022: Revenue of $101K, expenses of $49K, and assets of $51K (revenue +92.0% year-over-year).
- 2021: Revenue of $53K, expenses of $57K, and assets of $38K (revenue -87.0% year-over-year).
- 2020: Revenue of $405K, expenses of $374K, and assets of $46K (revenue -17.6% year-over-year).
- 2019: Revenue of $491K, expenses of $785K, and assets of $52K (revenue +174.5% year-over-year).
- 2018: Revenue of $179K, expenses of $370K, and assets of $116K (revenue -65.2% year-over-year).
- 2017: Revenue of $514K, expenses of $588K, and assets of $330K (revenue -12.5% year-over-year).
- 2016: Revenue of $588K, expenses of $653K, and assets of $352K (revenue -32.2% year-over-year).
- 2015: Revenue of $867K, expenses of $675K, and assets of $413K (revenue +11.4% year-over-year).
- 2014: Revenue of $778K, expenses of $795K, and assets of $265K (revenue -8.4% year-over-year).
- 2013: Revenue of $849K, expenses of $789K, and assets of $228K (revenue +13.9% year-over-year).
- 2012: Revenue of $746K, expenses of $713K, and assets of $183K (revenue +56.4% year-over-year).
- 2011: Revenue of $477K, expenses of $456K, and assets of $164K (revenue +104.8% year-over-year).
- 2010: Revenue of $233K, expenses of $216K, and assets of $118K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Minnesota Association For The Education Of Young Children:
Data Sources and Methodology
This transparency report for Minnesota Association For The Education Of Young Children 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.