Minnesota Society Of Professional Engineers
EIN: 410416590 · Eagan, MN · NTEE: S41Z
| Metric | Value |
|---|---|
| Total Revenue | $176K |
| Total Expenses | $144K |
| Net Assets | $134K |
Is Minnesota Society Of Professional Engineers Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Minnesota Society Of Professional Engineers
Minnesota Society Of Professional Engineers (EIN: 410416590) is a nonprofit organization based in Eagan, MN, classified under NTEE code S41Z. The organization reported total revenue of $176K and total assets of $207K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Minnesota Society Of Professional Engineers's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Minnesota Society Of Professional Engineers is a small nonprofit that has been operating for 53 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $171K |
| Total Expenses | $144K |
| Surplus / Deficit | +$27K |
| Total Assets | $134K |
| Net Assets | $134K |
| Operating Margin | 16.0% |
| Months of Reserves | 11.2 months |
Financial Health Grade: A
In 2023, Minnesota Society Of Professional Engineers reported a surplus of $27K with revenue exceeding expenses, holds 11.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Minnesota Society Of Professional Engineers's revenue has declined at a compound annual growth rate (CAGR) of -5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.7% | +48.2% | +11.6% |
| 2022 | -8.4% | -47.1% | +137.6% |
| 2021 | -52.8% | -49.2% | -20.9% |
| 2020 | -6.5% | -24.0% | +221.3% |
| 2019 | +7.8% | +11.1% | -77.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1973 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Minnesota Society Of Professional Engineers 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 Society Of Professional Engineers 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 $27K, with revenue exceeding expenses.
Frequently Asked Questions about Minnesota Society Of Professional Engineers
Is Minnesota Society Of Professional Engineers a legitimate charity?
Based on AI analysis of IRS 990 filings, Minnesota Society Of Professional Engineers (EIN: 410416590) insufficient data. 0 red flags identified, 0 strengths noted.
How does Minnesota Society Of Professional Engineers spend its money?
Detailed spending breakdown data is not yet available for Minnesota Society Of Professional Engineers. Check back for updated IRS 990 analysis.
Are donations to Minnesota Society Of Professional Engineers tax-deductible?
Minnesota Society Of Professional Engineers is registered as a tax-exempt nonprofit (EIN: 410416590). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Minnesota Society Of Professional Engineers located?
Minnesota Society Of Professional Engineers is headquartered in Eagan, Minnesota and files with the IRS under EIN 410416590. It is classified under NTEE code S41Z.
How many years of IRS 990 filings does Minnesota Society Of Professional Engineers have?
Minnesota Society Of Professional Engineers 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 $176K in total revenue.
Filing History
IRS 990 filing history for Minnesota Society Of Professional Engineers showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Minnesota Society Of Professional Engineers's revenue has declined by 46.8%, moving from $322K to $171K. Total assets increased by 26.9% over the same period, from $106K to $134K. Total functional expenses fell by 54.6%, from $317K to $144K. In its most recent filing year (2023), Minnesota Society Of Professional Engineers reported a surplus of $27K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $171K | $144K | $134K | $0 | — | — |
| 2022 | $167K | $97K | $120K | $13K | — | View 990 |
| 2021 | $182K | $183K | $51K | $14K | — | View 990 |
| 2020 | $385K | $361K | $64K | $26K | — | — |
| 2019 | $412K | $475K | $20K | $6K | — | View 990 |
| 2018 | $382K | $427K | $88K | $11K | — | View 990 |
| 2017 | $397K | $397K | $134K | $11K | — | View 990 |
| 2016 | $401K | $387K | $128K | $6K | — | View 990 |
| 2015 | $348K | $371K | $121K | $12K | — | View 990 |
| 2014 | $350K | $343K | $138K | $6K | — | View 990 |
| 2013 | $355K | $335K | $126K | $1K | — | View 990 |
| 2012 | $364K | $355K | $105K | $765 | — | View 990 |
| 2011 | $322K | $317K | $106K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $171K, expenses of $144K, and assets of $134K (revenue +2.7% year-over-year).
- 2022: Revenue of $167K, expenses of $97K, and assets of $120K (revenue -8.4% year-over-year).
- 2021: Revenue of $182K, expenses of $183K, and assets of $51K (revenue -52.8% year-over-year).
- 2020: Revenue of $385K, expenses of $361K, and assets of $64K (revenue -6.5% year-over-year).
- 2019: Revenue of $412K, expenses of $475K, and assets of $20K (revenue +7.8% year-over-year).
- 2018: Revenue of $382K, expenses of $427K, and assets of $88K (revenue -3.8% year-over-year).
- 2017: Revenue of $397K, expenses of $397K, and assets of $134K (revenue -1.0% year-over-year).
- 2016: Revenue of $401K, expenses of $387K, and assets of $128K (revenue +15.3% year-over-year).
- 2015: Revenue of $348K, expenses of $371K, and assets of $121K (revenue -0.8% year-over-year).
- 2014: Revenue of $350K, expenses of $343K, and assets of $138K (revenue -1.3% year-over-year).
- 2013: Revenue of $355K, expenses of $335K, and assets of $126K (revenue -2.3% year-over-year).
- 2012: Revenue of $364K, expenses of $355K, and assets of $105K (revenue +13.0% year-over-year).
- 2011: Revenue of $322K, expenses of $317K, and assets of $106K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Minnesota Society Of Professional Engineers:
Data Sources and Methodology
This transparency report for Minnesota Society Of Professional Engineers 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.