Minnesota Pork Board
Minnesota Pork Board maintains strong financial health with growing assets and no reported liabilities.
EIN: 200399755 · Mankato, MN · NTEE: K26 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $1.7M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $1.6M |
| Transparency Score | 85/100 |
Is Minnesota Pork Board Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Minnesota Pork Board directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Minnesota Pork Board
Minnesota Pork Board (EIN: 200399755) is a nonprofit organization based in Mankato, MN, classified under NTEE code K26. The organization reported total revenue of $2.0M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Minnesota Pork Board's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Minnesota Pork Board is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$38K |
| Total Assets | $1.6M |
| Net Assets | $1.6M |
| Operating Margin | 2.1% |
| Months of Reserves | 11.1 months |
Financial Health Grade: A
In 2023, Minnesota Pork Board reported a surplus of $38K with revenue exceeding expenses, holds 11.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Minnesota Pork Board's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.6% | -15.7% | +2.4% |
| 2022 | +18.2% | +61.3% | +1.0% |
| 2021 | +15.6% | -5.8% | +44.9% |
| 2020 | +0.8% | -12.3% | +18.1% |
| 2019 | -6.3% | -5.7% | -4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Minnesota Pork Board with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Minnesota Pork Board allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $38K, with revenue exceeding expenses.
Executive Compensation Analysis
The Minnesota Pork Board consistently reports 0% officer compensation across all available filings, indicating that its executive leadership is either entirely volunteer-based or compensated through mechanisms not reported as officer compensation on the Form 990, which is unusual for an organization of its size with nearly $2 million in annual revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Minnesota Pork Board's IRS 990 filings:
- Zero reported officer compensation for an organization with nearly $2M in revenue, which could indicate compensation is reported elsewhere or a lack of transparency in this specific area.
Strengths
The following positive indicators were identified for Minnesota Pork Board:
- Consistent financial surpluses, with revenues generally exceeding expenses.
- Strong asset growth, increasing from $746,928 in 2014 to $1,609,953 in 2023.
- Zero reported liabilities across all 13 filings, indicating a debt-free and financially secure position.
- Regular and consistent IRS 990 filings, demonstrating transparency and compliance.
- Efficient spending with expenses closely tracking revenues, suggesting good fiscal management.
Frequently Asked Questions about Minnesota Pork Board
Is Minnesota Pork Board a legitimate charity?
Minnesota Pork Board (EIN: 200399755) is a registered tax-exempt nonprofit based in Minnesota. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.0M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Minnesota Pork Board spend its money?
Minnesota Pork Board directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Minnesota Pork Board tax-deductible?
Minnesota Pork Board is registered as a tax-exempt nonprofit (EIN: 200399755). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Minnesota Pork Board CEO make?
Minnesota Pork Board's highest-compensated officer earns $2 annually. The organization reported $2.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Minnesota Pork Board's spending goes to programs?
Minnesota Pork Board directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Minnesota Pork Board compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Minnesota Pork Board is above average for NTEE category K26 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Minnesota Pork Board located?
Minnesota Pork Board is headquartered in Mankato, Minnesota and files with the IRS under EIN 200399755. It is classified under NTEE code K26.
How many years of IRS 990 filings does Minnesota Pork Board have?
Minnesota Pork Board 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 $2.0M in total revenue.
Is the Minnesota Pork Board a good charity?
Based on its financial health, the Minnesota Pork Board appears to be a well-managed organization. It consistently maintains a positive financial position with growing assets and no liabilities. The absence of reported officer compensation is a unique characteristic that could indicate a high degree of volunteerism or alternative compensation structures.
How does the Minnesota Pork Board fund its operations?
The organization consistently reports annual revenues between $1.5 million and $2.0 million, likely derived from pork checkoff programs or similar industry contributions, given its NTEE code K26 (Agricultural Services).
What is the trend in the organization's assets?
The Minnesota Pork Board has shown strong asset growth, increasing from $746,928 in 2014 to $1,609,953 in 2023, indicating sound financial management and accumulation of resources.
Does the Minnesota Pork Board have any debt?
No, the organization has consistently reported $0 in liabilities across all 13 available IRS 990 filings, indicating a debt-free financial position.
Filing History
IRS 990 filing history for Minnesota Pork Board showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Minnesota Pork Board's revenue has grown by 13.5%, moving from $1.6M to $1.8M. Total assets increased by 206.2% over the same period, from $526K to $1.6M. Total functional expenses rose by 13.9%, from $1.5M to $1.7M. In its most recent filing year (2023), Minnesota Pork Board reported a surplus of $38K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.7M | $1.6M | $0 | — | View 990 |
| 2022 | $2.1M | $2.1M | $1.6M | $0 | — | View 990 |
| 2021 | $1.8M | $1.3M | $1.6M | $0 | — | View 990 |
| 2020 | $1.5M | $1.4M | $1.1M | $0 | — | View 990 |
| 2019 | $1.5M | $1.6M | $909K | $0 | — | View 990 |
| 2018 | $1.6M | $1.6M | $949K | $0 | — | View 990 |
| 2017 | $1.5M | $1.5M | $980K | $0 | — | View 990 |
| 2016 | $1.5M | $1.5M | $988K | $0 | — | View 990 |
| 2015 | $1.8M | $1.5M | $971K | $0 | — | View 990 |
| 2014 | $1.9M | $2.0M | $747K | $0 | — | View 990 |
| 2013 | $1.7M | $1.5M | $818K | $0 | — | View 990 |
| 2012 | $1.7M | $1.6M | $666K | $0 | — | View 990 |
| 2011 | $1.6M | $1.5M | $526K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.7M, and assets of $1.6M (revenue -14.6% year-over-year).
- 2022: Revenue of $2.1M, expenses of $2.1M, and assets of $1.6M (revenue +18.2% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.3M, and assets of $1.6M (revenue +15.6% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.4M, and assets of $1.1M (revenue +0.8% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.6M, and assets of $909K (revenue -6.3% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.6M, and assets of $949K (revenue +5.5% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.5M, and assets of $980K (revenue +2.0% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.5M, and assets of $988K (revenue -14.6% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.5M, and assets of $971K (revenue -7.8% year-over-year).
- 2014: Revenue of $1.9M, expenses of $2.0M, and assets of $747K (revenue +15.2% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.5M, and assets of $818K (revenue -3.9% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.6M, and assets of $666K (revenue +9.8% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.5M, and assets of $526K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Minnesota Pork Board:
Data Sources and Methodology
This transparency report for Minnesota Pork Board 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.