Minnesota Dare
EIN: 411693835 · St Bonifacius, MN · NTEE: I20Z
| Metric | Value |
|---|---|
| Total Revenue | $195K |
| Total Expenses | $207K |
| Net Assets | $87K |
Is Minnesota Dare Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Minnesota Dare
Minnesota Dare (EIN: 411693835) is a nonprofit organization based in St Bonifacius, MN, classified under NTEE code I20Z. The organization reported total revenue of $195K and total assets of $86K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Minnesota Dare's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Minnesota Dare 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 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $214K |
| Total Expenses | $207K |
| Surplus / Deficit | +$7K |
| Total Assets | $99K |
| Total Liabilities | $12K |
| Net Assets | $87K |
| Operating Margin | 3.2% |
| Debt-to-Asset Ratio | 11.8% |
| Months of Reserves | 5.7 months |
Financial Health Grade: A
In 2023, Minnesota Dare reported a surplus of $7K with revenue exceeding expenses, holds 5.7 months of operating reserves (adequate), has a debt-to-asset ratio of 11.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Minnesota Dare's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.0% | +26.6% | -5.0% |
| 2022 | -1.0% | +29.1% | +28.6% |
| 2021 | +45.6% | -7.8% | +78.8% |
| 2020 | -28.8% | -21.7% | +16.6% |
| 2019 | -5.2% | -8.7% | -14.3% |
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 Minnesota Dare 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 Dare 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 $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.8%.
Frequently Asked Questions about Minnesota Dare
Is Minnesota Dare a legitimate charity?
Based on AI analysis of IRS 990 filings, Minnesota Dare (EIN: 411693835) insufficient data. 0 red flags identified, 0 strengths noted.
How does Minnesota Dare spend its money?
Detailed spending breakdown data is not yet available for Minnesota Dare. Check back for updated IRS 990 analysis.
Are donations to Minnesota Dare tax-deductible?
Minnesota Dare is registered as a tax-exempt nonprofit (EIN: 411693835). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Minnesota Dare located?
Minnesota Dare is headquartered in St Bonifacius, Minnesota and files with the IRS under EIN 411693835. It is classified under NTEE code I20Z.
How many years of IRS 990 filings does Minnesota Dare have?
Minnesota Dare 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 $195K in total revenue.
Filing History
IRS 990 filing history for Minnesota Dare showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Minnesota Dare's revenue has grown by 16.7%, moving from $183K to $214K. Total assets increased by 67.4% over the same period, from $59K to $99K. Total functional expenses fell by 0.7%, from $208K to $207K. In its most recent filing year (2023), Minnesota Dare reported a surplus of $7K, with revenue exceeding expenses. The organization holds $12K in liabilities against $99K in assets (debt-to-asset ratio: 11.8%), resulting in net assets of $87K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $214K | $207K | $99K | $12K | — | — |
| 2022 | $178K | $164K | $104K | $24K | — | View 990 |
| 2021 | $180K | $127K | $81K | $15K | — | View 990 |
| 2020 | $124K | $137K | $45K | $33K | — | — |
| 2019 | $174K | $175K | $39K | $13K | — | View 990 |
| 2018 | $183K | $192K | $45K | $17K | — | View 990 |
| 2017 | $198K | $188K | $61K | $24K | — | View 990 |
| 2016 | $269K | $242K | $60K | $33K | — | View 990 |
| 2015 | $629K | $690K | $62K | $62K | — | View 990 |
| 2014 | $255K | $210K | $113K | $55K | — | View 990 |
| 2013 | $228K | $223K | $41K | $33K | — | View 990 |
| 2012 | $202K | $257K | $26K | $37K | — | View 990 |
| 2011 | $183K | $208K | $59K | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $214K, expenses of $207K, and assets of $99K (revenue +20.0% year-over-year).
- 2022: Revenue of $178K, expenses of $164K, and assets of $104K (revenue -1.0% year-over-year).
- 2021: Revenue of $180K, expenses of $127K, and assets of $81K (revenue +45.6% year-over-year).
- 2020: Revenue of $124K, expenses of $137K, and assets of $45K (revenue -28.8% year-over-year).
- 2019: Revenue of $174K, expenses of $175K, and assets of $39K (revenue -5.2% year-over-year).
- 2018: Revenue of $183K, expenses of $192K, and assets of $45K (revenue -7.7% year-over-year).
- 2017: Revenue of $198K, expenses of $188K, and assets of $61K (revenue -26.3% year-over-year).
- 2016: Revenue of $269K, expenses of $242K, and assets of $60K (revenue -57.3% year-over-year).
- 2015: Revenue of $629K, expenses of $690K, and assets of $62K (revenue +147.2% year-over-year).
- 2014: Revenue of $255K, expenses of $210K, and assets of $113K (revenue +11.8% year-over-year).
- 2013: Revenue of $228K, expenses of $223K, and assets of $41K (revenue +12.5% year-over-year).
- 2012: Revenue of $202K, expenses of $257K, and assets of $26K (revenue +10.4% year-over-year).
- 2011: Revenue of $183K, expenses of $208K, and assets of $59K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Minnesota Dare:
Data Sources and Methodology
This transparency report for Minnesota Dare 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.