Minnesotans Military Appreciation Fund
Minnesotans Military Appreciation Fund shows consistent asset growth and no reported executive compensation.
EIN: 201935180 · Minneapolis, MN · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $546K |
| Program Spending | 95% |
| Net Assets | $20.3M |
| Transparency Score | 95/100 |
Is Minnesotans Military Appreciation Fund Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Minnesotans Military Appreciation Fund directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Minnesotans Military Appreciation Fund
Minnesotans Military Appreciation Fund (EIN: 201935180) is a nonprofit organization based in Minneapolis, MN. The organization reported total revenue of $2.9M and total assets of $27.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Minnesotans Military Appreciation Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Minnesotans Military Appreciation Fund is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $546K |
| Surplus / Deficit | +$1.9M |
| Total Assets | $20.3M |
| Total Liabilities | $51K |
| Net Assets | $20.3M |
| Operating Margin | 77.3% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 446.1 months |
Financial Health Grade: A
In 2023, Minnesotans Military Appreciation Fund reported a surplus of $1.9M with revenue exceeding expenses, holds 446.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Minnesotans Military Appreciation Fund's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.0% | -35.5% | +11.0% |
| 2022 | +23.9% | +9.4% | +3.6% |
| 2021 | +1.4% | +4.9% | +25.1% |
| 2020 | -5.1% | +19.0% | +5.0% |
| 2019 | +35.5% | +29.5% | +18.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Minnesotans Military Appreciation Fund with a Mission Score of 95 out of 100 (Excellent). 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: 95%
- fundraising: 0%
According to IRS 990 filings, Minnesotans Military Appreciation Fund allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a strong positive for efficiency and donor trust.
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.
Strengths
The following positive indicators were identified for Minnesotans Military Appreciation Fund:
- Consistent asset growth, reaching $27,232,463 in the latest period.
- No reported officer compensation across all 13 filings, indicating high efficiency.
- Very low liabilities relative to assets, demonstrating strong financial stability.
- Consistent revenue generation, with latest revenue at $2,899,578.
- High probable program spending ratio due to minimal overhead.
Frequently Asked Questions about Minnesotans Military Appreciation Fund
Is Minnesotans Military Appreciation Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Minnesotans Military Appreciation Fund (EIN: 201935180) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Minnesotans Military Appreciation Fund spend its money?
Minnesotans Military Appreciation Fund directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Minnesotans Military Appreciation Fund tax-deductible?
Minnesotans Military Appreciation Fund is registered as a tax-exempt nonprofit (EIN: 201935180). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Minnesotans Military Appreciation Fund located?
Minnesotans Military Appreciation Fund is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 201935180.
How many years of IRS 990 filings does Minnesotans Military Appreciation Fund have?
Minnesotans Military Appreciation Fund 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 $2.9M in total revenue.
Is Minnesotans Military Appreciation Fund a good charity?
Based on the provided IRS 990 data, Minnesotans Military Appreciation Fund appears to be a very good charity. It demonstrates strong financial health with growing assets ($27,232,463), very low liabilities, and no reported officer compensation, suggesting high efficiency and a strong focus on its mission.
How much of my donation goes to programs?
While exact program spending percentages require a detailed breakdown from the 990, the consistent absence of officer compensation and relatively low overall expenses compared to revenue (e.g., $546,284 expenses on $2,403,547 revenue in 202304) strongly suggest that a very high percentage, likely over 90-95%, of donations go directly to program services.
Does Minnesotans Military Appreciation Fund have high administrative costs?
No, the organization does not appear to have high administrative costs. The consistent reporting of 0% officer compensation and the overall expense ratios indicate a very lean administrative structure, with most funds directed towards its mission.
Filing History
IRS 990 filing history for Minnesotans Military Appreciation Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Minnesotans Military Appreciation Fund's revenue has grown by 59.4%, moving from $1.5M to $2.4M. Total assets increased by 385.4% over the same period, from $4.2M to $20.3M. Total functional expenses fell by 49%, from $1.1M to $546K. In its most recent filing year (2023), Minnesotans Military Appreciation Fund reported a surplus of $1.9M, with revenue exceeding expenses. The organization holds $51K in liabilities against $20.3M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $20.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $546K | $20.3M | $51K | — | View 990 |
| 2022 | $2.5M | $847K | $18.3M | $46K | — | View 990 |
| 2021 | $2.0M | $774K | $17.7M | $44K | — | View 990 |
| 2020 | $2.0M | $738K | $14.1M | $43K | — | View 990 |
| 2019 | $2.1M | $620K | $13.5M | $41K | — | View 990 |
| 2018 | $1.5M | $479K | $11.4M | $45K | — | View 990 |
| 2017 | $2.0M | $730K | $10.2M | $46K | — | View 990 |
| 2016 | $1.7M | $727K | $8.6M | $46K | — | View 990 |
| 2015 | $1.7M | $540K | $7.8M | $52K | — | View 990 |
| 2014 | $1.8M | $608K | $6.4M | $44K | — | View 990 |
| 2013 | $1.5M | $1.0M | $5.0M | $85K | — | View 990 |
| 2012 | $1.5M | $1.3M | $4.3M | $37K | — | View 990 |
| 2011 | $1.5M | $1.1M | $4.2M | $43K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $546K, and assets of $20.3M (revenue -2.0% year-over-year).
- 2022: Revenue of $2.5M, expenses of $847K, and assets of $18.3M (revenue +23.9% year-over-year).
- 2021: Revenue of $2.0M, expenses of $774K, and assets of $17.7M (revenue +1.4% year-over-year).
- 2020: Revenue of $2.0M, expenses of $738K, and assets of $14.1M (revenue -5.1% year-over-year).
- 2019: Revenue of $2.1M, expenses of $620K, and assets of $13.5M (revenue +35.5% year-over-year).
- 2018: Revenue of $1.5M, expenses of $479K, and assets of $11.4M (revenue -25.7% year-over-year).
- 2017: Revenue of $2.0M, expenses of $730K, and assets of $10.2M (revenue +19.9% year-over-year).
- 2016: Revenue of $1.7M, expenses of $727K, and assets of $8.6M (revenue -0.5% year-over-year).
- 2015: Revenue of $1.7M, expenses of $540K, and assets of $7.8M (revenue -7.1% year-over-year).
- 2014: Revenue of $1.8M, expenses of $608K, and assets of $6.4M (revenue +24.2% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.0M, and assets of $5.0M (revenue -0.4% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.3M, and assets of $4.3M (revenue -1.3% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.1M, and assets of $4.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Minnesotans Military Appreciation Fund:
Data Sources and Methodology
This transparency report for Minnesotans Military Appreciation Fund 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.