Minnesota Parent Union
EIN: 844704645 · Saint Paul, MN · NTEE: B05
| Metric | Value |
|---|---|
| Total Revenue | $135K |
| Total Expenses | $495K |
| Net Assets | $333K |
Is Minnesota Parent Union Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Minnesota Parent Union
Minnesota Parent Union (EIN: 844704645) is a nonprofit organization based in Saint Paul, MN, classified under NTEE code B05. The organization reported total revenue of $135K and total assets of $227K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Minnesota Parent Union's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Minnesota Parent Union is a small nonprofit that has been operating for 6 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -33.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $310K |
| Total Expenses | $495K |
| Surplus / Deficit | $-184,864 |
| Total Assets | $334K |
| Total Liabilities | $732 |
| Net Assets | $333K |
| Operating Margin | -59.6% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 8.1 months |
Financial Health Grade: B
In 2023, Minnesota Parent Union reported a deficit of $185K with expenses exceeding revenue, holds 8.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Minnesota Parent Union's revenue has declined at a compound annual growth rate (CAGR) of -33.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.8% | -4.3% | -35.6% |
| 2022 | -32.9% | +19.6% | -7.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Minnesota Parent Union 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 Parent Union 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 deficit of $185K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Minnesota Parent Union
Is Minnesota Parent Union a legitimate charity?
Based on AI analysis of IRS 990 filings, Minnesota Parent Union (EIN: 844704645) insufficient data. 0 red flags identified, 0 strengths noted.
How does Minnesota Parent Union spend its money?
Detailed spending breakdown data is not yet available for Minnesota Parent Union. Check back for updated IRS 990 analysis.
Are donations to Minnesota Parent Union tax-deductible?
Minnesota Parent Union is registered as a tax-exempt nonprofit (EIN: 844704645). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Minnesota Parent Union located?
Minnesota Parent Union is headquartered in Saint Paul, Minnesota and files with the IRS under EIN 844704645. It is classified under NTEE code B05.
How many years of IRS 990 filings does Minnesota Parent Union have?
Minnesota Parent Union has 3 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 $135K in total revenue.
Filing History
IRS 990 filing history for Minnesota Parent Union showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Minnesota Parent Union's revenue has declined by 56.3%, moving from $709K to $310K. Total assets decreased by 40.5% over the same period, from $561K to $334K. Total functional expenses rose by 14.4%, from $433K to $495K. In its most recent filing year (2023), Minnesota Parent Union reported a deficit of $185K, with expenses exceeding revenue. The organization holds $732 in liabilities against $334K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $333K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $310K | $495K | $334K | $732 | — | View 990 |
| 2022 | $476K | $517K | $518K | $217 | — | — |
| 2021 | $709K | $433K | $561K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $310K, expenses of $495K, and assets of $334K (revenue -34.8% year-over-year).
- 2022: Revenue of $476K, expenses of $517K, and assets of $518K (revenue -32.9% year-over-year).
- 2021: Revenue of $709K, expenses of $433K, and assets of $561K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Minnesota Parent Union:
Data Sources and Methodology
This transparency report for Minnesota Parent Union 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.