Minnesota Lions Hearing Foundation Inc
EIN: 416172730 · Green Isle, MN · NTEE: G42Z
| Metric | Value |
|---|---|
| Total Revenue | $553K |
| Total Expenses | $88K |
| Net Assets | $1.5M |
Is Minnesota Lions Hearing Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Minnesota Lions Hearing Foundation Inc
Minnesota Lions Hearing Foundation Inc (EIN: 416172730) is a nonprofit organization based in Green Isle, MN, classified under NTEE code G42Z. The organization reported total revenue of $553K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Minnesota Lions Hearing Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Minnesota Lions Hearing Foundation Inc is a small nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $316K |
| Total Expenses | $88K |
| Surplus / Deficit | +$229K |
| Total Assets | $1.5M |
| Net Assets | $1.5M |
| Operating Margin | 72.3% |
| Months of Reserves | 204.0 months |
Financial Health Grade: A
In 2024, Minnesota Lions Hearing Foundation Inc reported a surplus of $229K with revenue exceeding expenses, holds 204.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Minnesota Lions Hearing Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +15.9% | -55.7% | +20.7% |
| 2023 | -64.3% | +89.6% | +9.4% |
| 2022 | +165.3% | -57.6% | +86.4% |
| 2021 | +30.3% | -31.2% | +12.7% |
| 2020 | -27.4% | +51.8% | -21.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Lions Hearing Foundation Inc 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 Lions Hearing Foundation Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $229K, with revenue exceeding expenses.
Frequently Asked Questions about Minnesota Lions Hearing Foundation Inc
Is Minnesota Lions Hearing Foundation Inc a legitimate charity?
Minnesota Lions Hearing Foundation Inc (EIN: 416172730) is a registered tax-exempt nonprofit based in Minnesota. It has 13 years of IRS 990 filings on record. Total revenue: $553K. No red flags identified. Financial health grade: A.
How does Minnesota Lions Hearing Foundation Inc spend its money?
Minnesota Lions Hearing Foundation Inc reported $553K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Minnesota Lions Hearing Foundation Inc tax-deductible?
Minnesota Lions Hearing Foundation Inc is registered as a tax-exempt nonprofit (EIN: 416172730). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Minnesota Lions Hearing Foundation Inc located?
Minnesota Lions Hearing Foundation Inc is headquartered in Green Isle, Minnesota and files with the IRS under EIN 416172730. It is classified under NTEE code G42Z.
How many years of IRS 990 filings does Minnesota Lions Hearing Foundation Inc have?
Minnesota Lions Hearing Foundation Inc 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 $553K in total revenue.
Filing History
IRS 990 filing history for Minnesota Lions Hearing Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Minnesota Lions Hearing Foundation Inc's revenue has grown by 59%, moving from $199K to $316K. Total assets increased by 270.9% over the same period, from $402K to $1.5M. Total functional expenses fell by 67.2%, from $267K to $88K. In its most recent filing year (2024), Minnesota Lions Hearing Foundation Inc reported a surplus of $229K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $316K | $88K | $1.5M | $0 | — | — |
| 2023 | $273K | $198K | $1.2M | $0 | — | View 990 |
| 2022 | $764K | $104K | $1.1M | $0 | — | View 990 |
| 2021 | $288K | $246K | $606K | $0 | — | — |
| 2020 | $221K | $358K | $537K | $0 | — | View 990 |
| 2019 | $304K | $236K | $686K | $0 | — | View 990 |
| 2018 | $293K | $222K | $613K | $0 | — | — |
| 2017 | $470K | $221K | $551K | $0 | — | View 990 |
| 2016 | $287K | $330K | $292K | $0 | — | View 990 |
| 2015 | $263K | $289K | $342K | $0 | — | View 990 |
| 2014 | $305K | $240K | $371K | $0 | — | View 990 |
| 2013 | $360K | $451K | $301K | $0 | — | View 990 |
| 2012 | $199K | $267K | $402K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $316K, expenses of $88K, and assets of $1.5M (revenue +15.9% year-over-year).
- 2023: Revenue of $273K, expenses of $198K, and assets of $1.2M (revenue -64.3% year-over-year).
- 2022: Revenue of $764K, expenses of $104K, and assets of $1.1M (revenue +165.3% year-over-year).
- 2021: Revenue of $288K, expenses of $246K, and assets of $606K (revenue +30.3% year-over-year).
- 2020: Revenue of $221K, expenses of $358K, and assets of $537K (revenue -27.4% year-over-year).
- 2019: Revenue of $304K, expenses of $236K, and assets of $686K (revenue +3.7% year-over-year).
- 2018: Revenue of $293K, expenses of $222K, and assets of $613K (revenue -37.6% year-over-year).
- 2017: Revenue of $470K, expenses of $221K, and assets of $551K (revenue +64.2% year-over-year).
- 2016: Revenue of $287K, expenses of $330K, and assets of $292K (revenue +9.1% year-over-year).
- 2015: Revenue of $263K, expenses of $289K, and assets of $342K (revenue -13.7% year-over-year).
- 2014: Revenue of $305K, expenses of $240K, and assets of $371K (revenue -15.5% year-over-year).
- 2013: Revenue of $360K, expenses of $451K, and assets of $301K (revenue +81.0% year-over-year).
- 2012: Revenue of $199K, expenses of $267K, and assets of $402K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Minnesota Lions Hearing Foundation Inc:
Data Sources and Methodology
This transparency report for Minnesota Lions Hearing Foundation Inc 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.