Minnesota Valley Electric Trust
EIN: 411821090 · Jordan, MN · NTEE: T30Z
| Metric | Value |
|---|---|
| Total Revenue | $191K |
| Total Expenses | $177K |
| Net Assets | $31K |
Is Minnesota Valley Electric Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Minnesota Valley Electric Trust
Minnesota Valley Electric Trust (EIN: 411821090) is a nonprofit organization based in Jordan, MN, classified under NTEE code T30Z. The organization reported total revenue of $191K and total assets of $45K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Minnesota Valley Electric Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Minnesota Valley Electric Trust is a small nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $152K |
| Total Expenses | $177K |
| Surplus / Deficit | $-25,444 |
| Total Assets | $31K |
| Net Assets | $31K |
| Operating Margin | -16.8% |
| Months of Reserves | 2.1 months |
Financial Health Grade: C
In 2023, Minnesota Valley Electric Trust reported a deficit of $25K with expenses exceeding revenue, holds 2.1 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Minnesota Valley Electric Trust's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.8% | +15.9% | -44.7% |
| 2022 | +8.1% | +12.7% | +9.4% |
| 2021 | +6.6% | +4.9% | +24.9% |
| 2020 | +5.2% | -2.2% | +22.3% |
| 2019 | +3.0% | +9.6% | -5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Minnesota Valley Electric Trust 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 Valley Electric Trust 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 $25K, with expenses exceeding revenue.
Frequently Asked Questions about Minnesota Valley Electric Trust
Is Minnesota Valley Electric Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Minnesota Valley Electric Trust (EIN: 411821090) insufficient data. 0 red flags identified, 0 strengths noted.
How does Minnesota Valley Electric Trust spend its money?
Detailed spending breakdown data is not yet available for Minnesota Valley Electric Trust. Check back for updated IRS 990 analysis.
Are donations to Minnesota Valley Electric Trust tax-deductible?
Minnesota Valley Electric Trust is registered as a tax-exempt nonprofit (EIN: 411821090). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Minnesota Valley Electric Trust located?
Minnesota Valley Electric Trust is headquartered in Jordan, Minnesota and files with the IRS under EIN 411821090. It is classified under NTEE code T30Z.
How many years of IRS 990 filings does Minnesota Valley Electric Trust have?
Minnesota Valley Electric Trust 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 $191K in total revenue.
Filing History
IRS 990 filing history for Minnesota Valley Electric Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Minnesota Valley Electric Trust's revenue has grown by 57.5%, moving from $96K to $152K. Total assets increased by 26.5% over the same period, from $25K to $31K. Total functional expenses rose by 100.4%, from $88K to $177K. In its most recent filing year (2023), Minnesota Valley Electric Trust reported a deficit of $25K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $152K | $177K | $31K | $0 | — | — |
| 2022 | $158K | $153K | $57K | $0 | — | View 990 |
| 2021 | $146K | $136K | $52K | $0 | — | View 990 |
| 2020 | $137K | $129K | $42K | $0 | — | — |
| 2019 | $130K | $132K | $34K | $0 | — | View 990 |
| 2018 | $126K | $121K | $36K | $0 | — | View 990 |
| 2017 | $119K | $126K | $31K | $0 | — | — |
| 2016 | $114K | $107K | $37K | $0 | — | View 990 |
| 2015 | $109K | $112K | $29K | $0 | — | View 990 |
| 2014 | $109K | $97K | $33K | $0 | — | View 990 |
| 2013 | $103K | $108K | $21K | $0 | — | View 990 |
| 2012 | $99K | $98K | $26K | $0 | — | View 990 |
| 2011 | $96K | $88K | $25K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $152K, expenses of $177K, and assets of $31K (revenue -3.8% year-over-year).
- 2022: Revenue of $158K, expenses of $153K, and assets of $57K (revenue +8.1% year-over-year).
- 2021: Revenue of $146K, expenses of $136K, and assets of $52K (revenue +6.6% year-over-year).
- 2020: Revenue of $137K, expenses of $129K, and assets of $42K (revenue +5.2% year-over-year).
- 2019: Revenue of $130K, expenses of $132K, and assets of $34K (revenue +3.0% year-over-year).
- 2018: Revenue of $126K, expenses of $121K, and assets of $36K (revenue +5.8% year-over-year).
- 2017: Revenue of $119K, expenses of $126K, and assets of $31K (revenue +4.6% year-over-year).
- 2016: Revenue of $114K, expenses of $107K, and assets of $37K (revenue +4.9% year-over-year).
- 2015: Revenue of $109K, expenses of $112K, and assets of $29K (revenue +0.2% year-over-year).
- 2014: Revenue of $109K, expenses of $97K, and assets of $33K (revenue +5.8% year-over-year).
- 2013: Revenue of $103K, expenses of $108K, and assets of $21K (revenue +3.5% year-over-year).
- 2012: Revenue of $99K, expenses of $98K, and assets of $26K (revenue +3.0% year-over-year).
- 2011: Revenue of $96K, expenses of $88K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Minnesota Valley Electric Trust:
Data Sources and Methodology
This transparency report for Minnesota Valley Electric Trust 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.