Minnesota Community Education Association
EIN: 411334270 · Paynesville, MN
| Metric | Value |
|---|---|
| Total Revenue | $552K |
| Total Expenses | $585K |
| Net Assets | $348K |
Is Minnesota Community Education Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Minnesota Community Education Association
Minnesota Community Education Association (EIN: 411334270) is a nonprofit organization based in Paynesville, MN. The organization reported total revenue of $552K and total assets of $662K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Minnesota Community Education Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Minnesota Community Education Association is a small nonprofit that has been operating for 47 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $620K |
| Total Expenses | $585K |
| Surplus / Deficit | +$34K |
| Total Assets | $440K |
| Total Liabilities | $92K |
| Net Assets | $348K |
| Operating Margin | 5.6% |
| Debt-to-Asset Ratio | 21.0% |
| Months of Reserves | 9.0 months |
Financial Health Grade: A
In 2023, Minnesota Community Education Association reported a surplus of $34K with revenue exceeding expenses, holds 9.0 months of operating reserves (strong position), has a debt-to-asset ratio of 21.0% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Minnesota Community Education Association's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +61.4% | +55.0% | +0.1% |
| 2022 | +12.1% | +15.8% | +8.1% |
| 2021 | +56.4% | +22.0% | +9.2% |
| 2020 | -58.6% | -47.1% | -20.5% |
| 2019 | +8.2% | +9.5% | +7.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Minnesota Community Education Association 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 Community Education Association 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: 21.0%.
Frequently Asked Questions about Minnesota Community Education Association
Is Minnesota Community Education Association a legitimate charity?
Minnesota Community Education Association (EIN: 411334270) is a registered tax-exempt nonprofit based in Minnesota. It has 14 years of IRS 990 filings on record. Total revenue: $552K. No red flags identified. Financial health grade: A.
How does Minnesota Community Education Association spend its money?
Minnesota Community Education Association reported $552K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Minnesota Community Education Association tax-deductible?
Minnesota Community Education Association is registered as a tax-exempt nonprofit (EIN: 411334270). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Minnesota Community Education Association located?
Minnesota Community Education Association is headquartered in Paynesville, Minnesota and files with the IRS under EIN 411334270.
How many years of IRS 990 filings does Minnesota Community Education Association have?
Minnesota Community Education Association 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 $552K in total revenue.
Filing History
IRS 990 filing history for Minnesota Community Education Association showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Minnesota Community Education Association's revenue has grown by 78.5%, moving from $347K to $620K. Total assets increased by 289.8% over the same period, from $113K to $440K. Total functional expenses rose by 72.3%, from $340K to $585K. In its most recent filing year (2023), Minnesota Community Education Association reported a surplus of $34K, with revenue exceeding expenses. The organization holds $92K in liabilities against $440K in assets (debt-to-asset ratio: 21.0%), resulting in net assets of $348K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $620K | $585K | $440K | $92K | — | — |
| 2022 | $384K | $378K | $440K | $126K | — | View 990 |
| 2021 | $342K | $326K | $407K | $100K | — | View 990 |
| 2020 | $219K | $267K | $373K | $82K | — | — |
| 2019 | $529K | $506K | $469K | $130K | — | View 990 |
| 2018 | $489K | $462K | $438K | $122K | — | View 990 |
| 2017 | $531K | $485K | $364K | $75K | — | View 990 |
| 2016 | $454K | $446K | $331K | $88K | — | View 990 |
| 2015 | $524K | $483K | $308K | $72K | — | View 990 |
| 2014 | $432K | $400K | $292K | $98K | — | View 990 |
| 2013 | $436K | $404K | $228K | $65K | — | View 990 |
| 2012 | $375K | $344K | $211K | $80K | — | View 990 |
| 2011 | $404K | $401K | $116K | $16K | — | View 990 |
| 2010 | $347K | $340K | $113K | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $620K, expenses of $585K, and assets of $440K (revenue +61.4% year-over-year).
- 2022: Revenue of $384K, expenses of $378K, and assets of $440K (revenue +12.1% year-over-year).
- 2021: Revenue of $342K, expenses of $326K, and assets of $407K (revenue +56.4% year-over-year).
- 2020: Revenue of $219K, expenses of $267K, and assets of $373K (revenue -58.6% year-over-year).
- 2019: Revenue of $529K, expenses of $506K, and assets of $469K (revenue +8.2% year-over-year).
- 2018: Revenue of $489K, expenses of $462K, and assets of $438K (revenue -7.9% year-over-year).
- 2017: Revenue of $531K, expenses of $485K, and assets of $364K (revenue +17.0% year-over-year).
- 2016: Revenue of $454K, expenses of $446K, and assets of $331K (revenue -13.5% year-over-year).
- 2015: Revenue of $524K, expenses of $483K, and assets of $308K (revenue +21.5% year-over-year).
- 2014: Revenue of $432K, expenses of $400K, and assets of $292K (revenue -0.9% year-over-year).
- 2013: Revenue of $436K, expenses of $404K, and assets of $228K (revenue +16.1% year-over-year).
- 2012: Revenue of $375K, expenses of $344K, and assets of $211K (revenue -7.2% year-over-year).
- 2011: Revenue of $404K, expenses of $401K, and assets of $116K (revenue +16.5% year-over-year).
- 2010: Revenue of $347K, expenses of $340K, and assets of $113K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Minnesota Community Education Association:
Data Sources and Methodology
This transparency report for Minnesota Community Education Association 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.