Minnesota Medication Repository Program
EIN: 301248113 · Minneapolis, MN · NTEE: E19
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $948K |
| Net Assets | $969K |
Is Minnesota Medication Repository Program Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Minnesota Medication Repository Program
Minnesota Medication Repository Program (EIN: 301248113) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code E19. The organization reported total revenue of $1.5M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Minnesota Medication Repository Program's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Minnesota Medication Repository Program is a mid-size nonprofit that has been operating for 5 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 226.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $948K |
| Surplus / Deficit | +$678K |
| Total Assets | $1.2M |
| Total Liabilities | $231K |
| Net Assets | $969K |
| Operating Margin | 41.7% |
| Debt-to-Asset Ratio | 19.3% |
| Months of Reserves | 15.2 months |
Financial Health Grade: A
In 2023, Minnesota Medication Repository Program reported a surplus of $678K with revenue exceeding expenses, holds 15.2 months of operating reserves (strong position), has a debt-to-asset ratio of 19.3% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Minnesota Medication Repository Program's revenue has grown at a compound annual growth rate (CAGR) of 226.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +317.1% | +88.8% | +305.9% |
| 2022 | -31.1% | +10.2% | +121.5% |
| 2021 | +1105.5% | +1658.5% | +535.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Minnesota Medication Repository Program 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 Medication Repository Program 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 $678K, with revenue exceeding expenses.
- Debt-to-asset ratio: 19.3%.
Frequently Asked Questions about Minnesota Medication Repository Program
Is Minnesota Medication Repository Program a legitimate charity?
Based on AI analysis of IRS 990 filings, Minnesota Medication Repository Program (EIN: 301248113) insufficient data. 0 red flags identified, 0 strengths noted.
How does Minnesota Medication Repository Program spend its money?
Detailed spending breakdown data is not yet available for Minnesota Medication Repository Program. Check back for updated IRS 990 analysis.
Are donations to Minnesota Medication Repository Program tax-deductible?
Minnesota Medication Repository Program is registered as a tax-exempt nonprofit (EIN: 301248113). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Minnesota Medication Repository Program located?
Minnesota Medication Repository Program is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 301248113. It is classified under NTEE code E19.
How many years of IRS 990 filings does Minnesota Medication Repository Program have?
Minnesota Medication Repository Program has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $1.5M in total revenue.
Filing History
IRS 990 filing history for Minnesota Medication Repository Program showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Minnesota Medication Repository Program's revenue has grown by 3364.8%, moving from $47K to $1.6M. Total assets increased by 5615.3% over the same period, from $21K to $1.2M. Total functional expenses rose by 3559.1%, from $26K to $948K. In its most recent filing year (2023), Minnesota Medication Repository Program reported a surplus of $678K, with revenue exceeding expenses. The organization holds $231K in liabilities against $1.2M in assets (debt-to-asset ratio: 19.3%), resulting in net assets of $969K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $948K | $1.2M | $231K | — | — |
| 2022 | $390K | $502K | $296K | $4K | — | View 990 |
| 2021 | $566K | $456K | $134K | $0 | — | View 990 |
| 2020 | $47K | $26K | $21K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $948K, and assets of $1.2M (revenue +317.1% year-over-year).
- 2022: Revenue of $390K, expenses of $502K, and assets of $296K (revenue -31.1% year-over-year).
- 2021: Revenue of $566K, expenses of $456K, and assets of $134K (revenue +1105.5% year-over-year).
- 2020: Revenue of $47K, expenses of $26K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Minnesota Medication Repository Program:
Data Sources and Methodology
This transparency report for Minnesota Medication Repository Program 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.