Minnesota Food Association
EIN: 363336907 · Marine On St Croix, MN
| Metric | Value |
|---|---|
| Total Expenses | $479K |
| Net Assets | $92K |
Is Minnesota Food 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 Food Association
Minnesota Food Association (EIN: 363336907) is a nonprofit organization based in Marine On St Croix, MN. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Minnesota Food Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Minnesota Food Association is a small nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $553K |
| Total Expenses | $479K |
| Surplus / Deficit | +$74K |
| Total Assets | $140K |
| Total Liabilities | $47K |
| Net Assets | $92K |
| Operating Margin | 13.4% |
| Debt-to-Asset Ratio | 34.0% |
| Months of Reserves | 3.5 months |
Financial Health Grade: A
In 2016, Minnesota Food Association reported a surplus of $74K with revenue exceeding expenses, holds 3.5 months of operating reserves (adequate), has a debt-to-asset ratio of 34.0% (moderate leverage).
Financial Trends
Over 6 years of filings (2011–2016), Minnesota Food Association's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +31.1% | +5.1% | +18.3% |
| 2015 | -6.8% | +1.4% | -38.9% |
| 2014 | +27.4% | +0.2% | -7.2% |
| 2013 | -18.3% | -0.2% | -1.5% |
| 2012 | -14.8% | +4.7% | +4.3% |
AI Analysis Pending
AI enrichment for Minnesota Food 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 Food 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $74K, with revenue exceeding expenses.
- Debt-to-asset ratio: 34.0%.
Frequently Asked Questions about Minnesota Food Association
Is Minnesota Food Association a legitimate charity?
Minnesota Food Association (EIN: 363336907) is a registered tax-exempt nonprofit based in Minnesota. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Minnesota Food Association spend its money?
Minnesota Food Association reported its financials in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Minnesota Food Association tax-deductible?
Minnesota Food Association is registered as a tax-exempt nonprofit (EIN: 363336907). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Minnesota Food Association located?
Minnesota Food Association is headquartered in Marine On St Croix, Minnesota and files with the IRS under EIN 363336907.
How many years of IRS 990 filings does Minnesota Food Association have?
Minnesota Food Association has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Minnesota Food Association showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Minnesota Food Association's revenue has grown by 8.4%, moving from $510K to $553K. Total assets decreased by 31.1% over the same period, from $203K to $140K. Total functional expenses rose by 11.5%, from $429K to $479K. In its most recent filing year (2016), Minnesota Food Association reported a surplus of $74K, with revenue exceeding expenses. The organization holds $47K in liabilities against $140K in assets (debt-to-asset ratio: 34.0%), resulting in net assets of $92K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $553K | $479K | $140K | $47K | — | View 990 |
| 2015 | $422K | $455K | $118K | $100K | — | View 990 |
| 2014 | $452K | $449K | $193K | $142K | — | View 990 |
| 2013 | $355K | $448K | $208K | $160K | — | View 990 |
| 2012 | $434K | $449K | $211K | $69K | — | View 990 |
| 2011 | $510K | $429K | $203K | $46K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $553K, expenses of $479K, and assets of $140K (revenue +31.1% year-over-year).
- 2015: Revenue of $422K, expenses of $455K, and assets of $118K (revenue -6.8% year-over-year).
- 2014: Revenue of $452K, expenses of $449K, and assets of $193K (revenue +27.4% year-over-year).
- 2013: Revenue of $355K, expenses of $448K, and assets of $208K (revenue -18.3% year-over-year).
- 2012: Revenue of $434K, expenses of $449K, and assets of $211K (revenue -14.8% year-over-year).
- 2011: Revenue of $510K, expenses of $429K, and assets of $203K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Minnesota Food Association:
Data Sources and Methodology
This transparency report for Minnesota Food 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.