Minnesota Soaring Club
EIN: 411883296 · Stanton, MN · NTEE: N99
| Metric | Value |
|---|---|
| Total Revenue | $209K |
| Total Expenses | $163K |
| Net Assets | $113K |
Is Minnesota Soaring Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Minnesota Soaring Club
Minnesota Soaring Club (EIN: 411883296) is a nonprofit organization based in Stanton, MN, classified under NTEE code N99. The organization reported total revenue of $209K and total assets of $196K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Minnesota Soaring Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Minnesota Soaring Club is a small nonprofit that has been operating for 1 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $209K |
| Total Expenses | $163K |
| Surplus / Deficit | +$46K |
| Total Assets | $196K |
| Total Liabilities | $83K |
| Net Assets | $113K |
| Operating Margin | 21.9% |
| Debt-to-Asset Ratio | 42.5% |
| Months of Reserves | 14.4 months |
Financial Health Grade: A
In 2023, Minnesota Soaring Club reported a surplus of $46K with revenue exceeding expenses, holds 14.4 months of operating reserves (strong position), has a debt-to-asset ratio of 42.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Minnesota Soaring Club's revenue has grown at a compound annual growth rate (CAGR) of 11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.1% | +19.2% | -23.1% |
| 2022 | +61.6% | -14.2% | +267.6% |
| 2021 | +145.0% | +180.0% | +27.7% |
| 2020 | -16.9% | -12.3% | +10.4% |
| 2019 | +28.1% | +25.1% | +7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2025 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Minnesota Soaring Club 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 Soaring Club 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 $46K, with revenue exceeding expenses.
- Debt-to-asset ratio: 42.5%.
Frequently Asked Questions about Minnesota Soaring Club
Is Minnesota Soaring Club a legitimate charity?
Minnesota Soaring Club (EIN: 411883296) is a registered tax-exempt nonprofit based in Minnesota. It has 13 years of IRS 990 filings on record. Total revenue: $209K. No red flags identified. Financial health grade: A.
How does Minnesota Soaring Club spend its money?
Minnesota Soaring Club reported $209K 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 Soaring Club tax-deductible?
Minnesota Soaring Club is registered as a tax-exempt nonprofit (EIN: 411883296). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Minnesota Soaring Club located?
Minnesota Soaring Club is headquartered in Stanton, Minnesota and files with the IRS under EIN 411883296. It is classified under NTEE code N99.
How many years of IRS 990 filings does Minnesota Soaring Club have?
Minnesota Soaring Club 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 $209K in total revenue.
Filing History
IRS 990 filing history for Minnesota Soaring Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Minnesota Soaring Club's revenue has grown by 251.9%, moving from $59K to $209K. Total assets decreased by 11.1% over the same period, from $220K to $196K. Total functional expenses rose by 210.3%, from $53K to $163K. In its most recent filing year (2023), Minnesota Soaring Club reported a surplus of $46K, with revenue exceeding expenses. The organization holds $83K in liabilities against $196K in assets (debt-to-asset ratio: 42.5%), resulting in net assets of $113K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $209K | $163K | $196K | $83K | — | — |
| 2022 | $246K | $137K | $255K | $188K | — | View 990 |
| 2021 | $152K | $160K | $69K | $0 | — | View 990 |
| 2020 | $62K | $57K | $54K | $0 | — | View 990 |
| 2019 | $75K | $65K | $49K | $0 | — | View 990 |
| 2018 | $58K | $52K | $46K | $0 | — | View 990 |
| 2017 | $68K | $59K | $39K | $0 | — | View 990 |
| 2016 | $74K | $61K | $30K | $0 | — | View 990 |
| 2015 | $62K | $59K | $18K | $0 | — | View 990 |
| 2014 | $63K | $101K | $20K | $0 | — | View 990 |
| 2013 | $78K | $74K | $57K | $0 | — | View 990 |
| 2012 | $62K | $56K | $227K | $0 | — | View 990 |
| 2011 | $59K | $53K | $220K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $209K, expenses of $163K, and assets of $196K (revenue -15.1% year-over-year).
- 2022: Revenue of $246K, expenses of $137K, and assets of $255K (revenue +61.6% year-over-year).
- 2021: Revenue of $152K, expenses of $160K, and assets of $69K (revenue +145.0% year-over-year).
- 2020: Revenue of $62K, expenses of $57K, and assets of $54K (revenue -16.9% year-over-year).
- 2019: Revenue of $75K, expenses of $65K, and assets of $49K (revenue +28.1% year-over-year).
- 2018: Revenue of $58K, expenses of $52K, and assets of $46K (revenue -14.4% year-over-year).
- 2017: Revenue of $68K, expenses of $59K, and assets of $39K (revenue -7.4% year-over-year).
- 2016: Revenue of $74K, expenses of $61K, and assets of $30K (revenue +19.8% year-over-year).
- 2015: Revenue of $62K, expenses of $59K, and assets of $18K (revenue -2.9% year-over-year).
- 2014: Revenue of $63K, expenses of $101K, and assets of $20K (revenue -18.3% year-over-year).
- 2013: Revenue of $78K, expenses of $74K, and assets of $57K (revenue +25.8% year-over-year).
- 2012: Revenue of $62K, expenses of $56K, and assets of $227K (revenue +3.8% year-over-year).
- 2011: Revenue of $59K, expenses of $53K, and assets of $220K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Minnesota Soaring Club:
Data Sources and Methodology
This transparency report for Minnesota Soaring Club 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.