Minnesota Training Partnership Inc
EIN: 823613104 · Saint Paul, MN · NTEE: B99
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.0M |
| Net Assets | $613K |
Is Minnesota Training Partnership Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Minnesota Training Partnership Inc
Minnesota Training Partnership Inc (EIN: 823613104) is a nonprofit organization based in Saint Paul, MN, classified under NTEE code B99. The organization reported total revenue of $1.5M and total assets of $774K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Minnesota Training Partnership Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Minnesota Training Partnership Inc is a mid-size nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 898.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $993K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-45,539 |
| Total Assets | $656K |
| Total Liabilities | $43K |
| Net Assets | $613K |
| Operating Margin | -4.6% |
| Debt-to-Asset Ratio | 6.5% |
| Months of Reserves | 7.6 months |
Financial Health Grade: B
In 2023, Minnesota Training Partnership Inc reported a deficit of $46K with expenses exceeding revenue, holds 7.6 months of operating reserves (strong position), has a debt-to-asset ratio of 6.5% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Minnesota Training Partnership Inc's revenue has grown at a compound annual growth rate (CAGR) of 898.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +83.0% | +77.2% | -19.4% |
| 2022 | -26.3% | +34.2% | -5.4% |
| 2021 | +30.4% | +168.4% | +113.5% |
| 2020 | +564907.0% | +2711616.7% | +428794.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Minnesota Training Partnership Inc 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 Training Partnership Inc 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 $46K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.5%.
Frequently Asked Questions about Minnesota Training Partnership Inc
Is Minnesota Training Partnership Inc a legitimate charity?
Minnesota Training Partnership Inc (EIN: 823613104) is a registered tax-exempt nonprofit based in Minnesota. It has 5 years of IRS 990 filings on record. Total revenue: $1.5M. No red flags identified. Financial health grade: B.
How does Minnesota Training Partnership Inc spend its money?
Minnesota Training Partnership Inc reported $1.5M in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Minnesota Training Partnership Inc tax-deductible?
Minnesota Training Partnership Inc is registered as a tax-exempt nonprofit (EIN: 823613104). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Minnesota Training Partnership Inc located?
Minnesota Training Partnership Inc is headquartered in Saint Paul, Minnesota and files with the IRS under EIN 823613104. It is classified under NTEE code B99.
How many years of IRS 990 filings does Minnesota Training Partnership Inc have?
Minnesota Training Partnership Inc has 5 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 $1.5M in total revenue.
Filing History
IRS 990 filing history for Minnesota Training Partnership Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Minnesota Training Partnership Inc's revenue has grown by 993175%, moving from $100 to $993K. Total assets increased by 697783% over the same period, from $94 to $656K. Total functional expenses rose by 17313466.7%, from $6 to $1.0M. In its most recent filing year (2023), Minnesota Training Partnership Inc reported a deficit of $46K, with expenses exceeding revenue. The organization holds $43K in liabilities against $656K in assets (debt-to-asset ratio: 6.5%), resulting in net assets of $613K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $993K | $1.0M | $656K | $43K | — | — |
| 2022 | $543K | $586K | $814K | $155K | — | View 990 |
| 2021 | $737K | $437K | $861K | $159K | — | View 990 |
| 2020 | $565K | $163K | $403K | $763 | — | View 990 |
| 2019 | $100 | $6 | $94 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $993K, expenses of $1.0M, and assets of $656K (revenue +83.0% year-over-year).
- 2022: Revenue of $543K, expenses of $586K, and assets of $814K (revenue -26.3% year-over-year).
- 2021: Revenue of $737K, expenses of $437K, and assets of $861K (revenue +30.4% year-over-year).
- 2020: Revenue of $565K, expenses of $163K, and assets of $403K (revenue +564907.0% year-over-year).
- 2019: Revenue of $100, expenses of $6, and assets of $94.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Minnesota Training Partnership Inc:
Data Sources and Methodology
This transparency report for Minnesota Training Partnership Inc 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.