Minnesota Valley Lands Inc
Minnesota Valley Lands Inc reports $16.6 million in expenses and $1 in assets in 2020, a drastic shift from prior years.
EIN: 204162476 · Bloomington, MN · NTEE: C11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $16.6M |
| Program Spending | 90% |
| Net Assets | $1 |
| Transparency Score | 30/100 |
Is Minnesota Valley Lands Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Minnesota Valley Lands Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Minnesota Valley Lands Inc
Minnesota Valley Lands Inc (EIN: 204162476) is a nonprofit organization based in Bloomington, MN, classified under NTEE code C11. The organization reported total revenue of $1.0M and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Minnesota Valley Lands Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Minnesota Valley Lands Inc is a mid-size nonprofit that has been operating for 20 years, with 11 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -4.5%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $16.6M |
| Surplus / Deficit | $-15,590,140 |
| Total Assets | $1 |
| Net Assets | $1 |
| Operating Margin | -1494.3% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2020, Minnesota Valley Lands Inc reported a deficit of $15.6M with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 11 years of filings (2011–2020), Minnesota Valley Lands Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +384.1% | +2101.0% | -100.0% |
| 2019 | -86.0% | +1729.0% | -3.6% |
| 2018 | -3.1% | -99.5% | +10.3% |
| 2018 | -8.3% | +5274.8% | -31.4% |
| 2017 | +44.9% | +3.7% | +8.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Valley Lands Inc with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Minnesota Valley Lands Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $15.6M, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization or one with no paid officers, which is highly efficient in terms of leadership costs.
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 Valley Lands Inc's IRS 990 filings:
- Massive expense ($16.6M) in 2020 far exceeding revenue ($1M).
- Assets plummeted from over $15M in 2019 to $1 in 2020.
- Significant financial instability indicated by the latest filing.
- Unexplained, drastic financial shifts between fiscal periods.
Strengths
The following positive indicators were identified for Minnesota Valley Lands Inc:
- Consistently reported 0% officer compensation, indicating efficient leadership cost structure.
- Historically maintained substantial assets prior to 2020.
Frequently Asked Questions about Minnesota Valley Lands Inc
Is Minnesota Valley Lands Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Minnesota Valley Lands Inc (EIN: 204162476) significant concerns. Mission Score: 30/100. 4 red flags identified, 2 strengths noted.
How does Minnesota Valley Lands Inc spend its money?
Minnesota Valley Lands Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Minnesota Valley Lands Inc tax-deductible?
Minnesota Valley Lands Inc is registered as a tax-exempt nonprofit (EIN: 204162476). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Minnesota Valley Lands Inc's spending goes to programs?
Minnesota Valley Lands Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Minnesota Valley Lands Inc compare to similar nonprofits?
With a transparency score of 30/100 (Poor), Minnesota Valley Lands Inc is below average for NTEE category C11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Minnesota Valley Lands Inc located?
Minnesota Valley Lands Inc is headquartered in Bloomington, Minnesota and files with the IRS under EIN 204162476. It is classified under NTEE code C11.
How many years of IRS 990 filings does Minnesota Valley Lands Inc have?
Minnesota Valley Lands Inc has 11 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 $1.0M in total revenue.
What caused the $16,633,440 in expenses in 2020, given the revenue of $1,043,300?
The IRS 990 data does not provide specific details for this massive expense. It represents a significant financial event that is not explained by typical operational costs, especially when compared to previous years' expenses which were consistently below $1 million.
Why did the organization's assets decrease from over $15 million in 2019 to just $1 in 2020?
The filings do not explain this dramatic reduction in assets. This could indicate a major sale, transfer, or loss of assets, which would typically be detailed in the financial statements.
Is Minnesota Valley Lands Inc financially stable?
Based on the 2020 filing showing $1 in assets and expenses far exceeding revenue, the organization's financial stability is highly questionable and appears to be in a precarious state, or has undergone a significant restructuring or dissolution event.
What is the nature of the organization's programs, given the NTEE code C11 (Land Resources Conservation)?
While the NTEE code suggests land conservation, the financial data, particularly the 2020 expenses and asset changes, do not provide enough detail to understand the specific programmatic activities or their impact during this period of extreme financial flux.
Filing History
IRS 990 filing history for Minnesota Valley Lands Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2020), Minnesota Valley Lands Inc's revenue has declined by 33.9%, moving from $1.6M to $1.0M. Total assets decreased by 100% over the same period, from $13.7M to $1. Total functional expenses rose by 10539.7%, from $156K to $16.6M. In its most recent filing year (2020), Minnesota Valley Lands Inc reported a deficit of $15.6M, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $1.0M | $16.6M | $1 | $0 | — | — |
| 2019 | $216K | $756K | $15.6M | $11K | — | View 990 |
| 2018 | $1.5M | $41K | $16.2M | $51K | — | View 990 |
| 2018 | $1.6M | $8.3M | $14.7M | $30K | — | View 990 |
| 2017 | $1.7M | $155K | $21.4M | $8K | — | — |
| 2016 | $1.2M | $149K | $19.8M | $3K | — | View 990 |
| 2015 | $1.2M | $165K | $18.8M | $64K | — | View 990 |
| 2014 | $1.4M | $138K | $17.8M | $12K | — | View 990 |
| 2013 | $546K | $132K | $16.5M | $775 | — | View 990 |
| 2012 | $2.5M | $140K | $16.1M | $3K | — | View 990 |
| 2011 | $1.6M | $156K | $13.7M | $47K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $1.0M, expenses of $16.6M, and assets of $1 (revenue +384.1% year-over-year).
- 2019: Revenue of $216K, expenses of $756K, and assets of $15.6M (revenue -86.0% year-over-year).
- 2018: Revenue of $1.5M, expenses of $41K, and assets of $16.2M (revenue -3.1% year-over-year).
- 2018: Revenue of $1.6M, expenses of $8.3M, and assets of $14.7M (revenue -8.3% year-over-year).
- 2017: Revenue of $1.7M, expenses of $155K, and assets of $21.4M (revenue +44.9% year-over-year).
- 2016: Revenue of $1.2M, expenses of $149K, and assets of $19.8M (revenue +2.0% year-over-year).
- 2015: Revenue of $1.2M, expenses of $165K, and assets of $18.8M (revenue -16.1% year-over-year).
- 2014: Revenue of $1.4M, expenses of $138K, and assets of $17.8M (revenue +155.1% year-over-year).
- 2013: Revenue of $546K, expenses of $132K, and assets of $16.5M (revenue -78.5% year-over-year).
- 2012: Revenue of $2.5M, expenses of $140K, and assets of $16.1M (revenue +61.4% year-over-year).
- 2011: Revenue of $1.6M, expenses of $156K, and assets of $13.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Minnesota Valley Lands Inc:
Data Sources and Methodology
This transparency report for Minnesota Valley Lands 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.